Good companies listed on Aim are typically expensive due to shareholders owning shares to lower their inheritance tax bill rather than for returns; however, James Halstead (Aim: JHD) is now trading cheaply despite recent supply-chain disruptions. Founded in 1915, the Manchester-based family business has a history of overcoming challenges and delivering consistent profits, with a strong balance sheet and shrewd management team. While potential changes to business property relief (BPR) on Aim-listed companies pose a risk, patient investors may find the current valuation of James Halstead attractive, especially considering its historical performance and dividend yield.
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To qualify as a growth stock, a company must be expected to grow significantly faster than the overall market, which narrows down the options considerably. Despite the challenge of identifying these stocks, the author suggests three promising growth stocks to invest in right now with $1,000, emphasizing their potential for substantial market outperformance. Want More Context? 🔎
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