Could Boohoo shares be star buys of the summer?

first_imgCould Boohoo shares be star buys of the summer? Enter Your Email Address Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Jonathansmith1 has no position in any shares mentioned. The Motley Fool UK has recommended boohoo group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Jonathan Smith | Friday, 18th June, 2021 | More on: BOO The Boohoo (LSE:BOO) share price has been choppy over the past year. The fast fashion retailer has seen equally fast swings in sentiment from investors. The share price is down 16% over a one-year period, although up 4% over the past six months. With first-quarter results released earlier this week, could the direction for Boohoo shares be higher?Recent resultsIn the three months to the end of May, Boohoo saw a 32% increase in revenue when compared to the same period last year. This growth was driven by the UK and USA, with other markets showing a decrease.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It spent money on some big investments with an outlay of £143.5 million. This was mainly around new offices and distribution centres. Although this decreased the cash balance, I’m not too concerned. Investing in infrastructure like this is a long-term benefit for the company, and for Boohoo shares in general.The other interesting element in its results was the report by Sir Brian Leveson on its supply chain initiative, Agenda for Change. This is specifically geared around the issues thrown up last year about low pay and unsafe working conditions in Leicester. It included some positive developments, but it’s too early to assess the results as this is a multi-year project. Yet it’s clear that Boohoo is using this as another way of gauging performance, aside from finances.Reasons to be positiveI think Boohoo shares could accelerate higher this summer and beyond as organic consumer demand rises. The easing of lockdown restrictions will likely see many looking to refresh their wardrobes as socialising and events become more frequent. The segment of the fashion industry that Boohoo operates in should allow it to capture this demand. After all, it’s mostly geared to a younger consumer who’s keen to socialise.Further, the integration of brands such as Dorothy Perkins and Burton from the failed Arcadia empire is already helping revenue. Looking forward, Boohoo shares should benefit from this increased diversification.Caution with Boohoo sharesThere are some risks that I see for Boohoo shares. The business has stated that it’s committed to changing and improving standards within the company and with suppliers. But this isn’t something that can be fixed overnight. There could be more damaging practices that will come to light as the spotlight is shone on it. Ultimately, this could hamper the reputation of Boohoo and see a fall in the share price.Another risk is that Boohoo might actually lose out on some custom as customers decide to trade up to other brands. Over the past year, the amount saved by people in the UK has shot up. Now that people are feeling more confident about the state of the economy, it should encourage spending. Even for myself, my lack of purchases over the past year mean that now I’m happier to buy something a little bit more expensive now.Overall, I do think the benefits outweigh the risks for Boohoo shares, and I think they will rise this summer and beyond. However, I don’t see the firm as a star buy for my portfolio, and I think there are better opportunities elsewhere. Image source: Getty Images FREE REPORT: Why this £5 stock could be set to surge Get the full details on this £5 stock now – while your report is free. See all posts by Jonathan Smithlast_img read more

Bryan Cranston to Star in Stage Version of Network at the National

first_imgBryan Cranston(Photo: Bruce Glikas) Walter White is London-bound! Tony and Emmy winner Bryan Cranston will headline Tony winner Ivo van Hove’s world premiere of Network at the U.K.’s National Theatre this year. Other big names attached to upcoming productions include award-winning playwright Annie Baker and Harry Potter and the Cursed Child director John Tiffany.Network is Lee Hall’s new adaptation of the Oscar-winning film by Paddy Chayefsky. All the Way Tony winner Cranston takes on the role of Howard Beale, a longtime anchor of an evening news program with dwindling ratings. The film features the famous line,”I’m as mad as hell, and I’m not going to take this anymore!” Opening is scheduled for November 2017 at the Lyttelton Theatre.Baker makes a National Theatre return with the European premiere of her new play John in the Dorfman. James Macdonald directs the production, with a cast tht includes Georgia Engel. Opening night is set for early 2018.Anne-Marie Duff returns to the National Theatre in Common, and will appear alongside Rory Kinnear in Macbeth in 2018, directed by Rufus Norris. Opening is slated for spring 2018.As previously reported, Harry Potter and the Cursed Child director John Tiffany is at the helm of the world premiere of Pinocchio by Dennis Kelly, with songs and score from the Walt Disney film by Leigh Harline, Ned Washington and Paul J. Smith newly adapted by Martin Lowe. The production will open at the Lyttelton in December 2017.Additional productions include the previously announced Follies and Angels in America, Ugly Lies the Bone, Saint George and the Dragon, Beginning, The Majority, Amadeus, Twelfth Night, Salomé, Common, Romeo and Juliet, Lost Without Words, Consent, Barber Shop Chronicles and Mosquitoes.Further productions and casting will be announced at a later date. View Commentslast_img read more

Nigeria’s Injury List Grows As Another Midfielder Is Injured

first_imgNigerian Midfielder, Mikel Agu, is the latest player to join the Super Eagles growing injury list.Mikel is now a doubt for Nigeria ahead of the final round of 2018 World Cup qualifiers this weekend.The 24-year-old defensive midfielder faces a race to be fit in time for the Super Eagles matches against Algeria and Argentina on November 10 and 14 respectively. The player was substituted 45 minutes into Bursaspor’s 2-2 draw with Kasimpasa on Saturday because he was still nursing an injury.A source said, “Mikel felt some pains before the match against Kasimpasa, so the coach had to replace him after the first half.”“His manager did not want him to worsen the injury. Bursaspor doctors have carried out tests on Mikel and they said the injury is not too serious.”This adds to the injury list that has; Victor Moses, Elderson Echiejile, Odion Ighalo and Moses Simon. Leon Balogun is also reportedly short of match fitness.RelatedMikel Obi, John Ogu Hit Eagles CampMay 24, 2018In “National Team”Rohr Unveils 23-man Squad For Zambia ShowdownSeptember 26, 2017In “National Team”INSIDE AFCON 2019: Mikel Obi to Miss Third Place Clash Against Tunisia (AUDIO)July 16, 2019In “AFCON”last_img read more