Investments

2 Top Stocks You Need To Buy Before Next Week

Today I’m discussing two terrific companies from the UK whose share prices could detonate next week.

Mind Gym

I’d be very happy to splash the cash on Mind Gym shares before the release of half-year results on Tuesday, December 10. It’s certainly pleased investors with trading of late, and last time out in October advised that revenues soared 24% between April and September, and as a consequence announced that sales would likely be “slightly” ahead of prior expectations for the full financial year (to March 2020).

So what does this AIM-quoted business do, you might ask? Well in its own words it “uses the latest psychology and behavioural science to transform how people think, feel and behave and so improve the performance of companies and the lives of people who work in them.”

Its new techniques designed to improve the productivity and happiness of workers are in hot demand from blue chip companies (and the not so large, too) all over the world. It’s why Mind Gym is seeing an increased proportion of revenue from its top 25 accounts. And critically it is enjoying a larger slice of sales from repeat business, too.

City analysts expect earnings to edge 7% in fiscal 2020, leaving it dealing on a slightly-toppy forward P/E ratio of 21.2 times. But I consider this a small price to pay to get in on Mind Gym and its gamechanging training and psychology services.

Fuller, Smith & Turner

I’d also happily buy Fuller, Smith & Turner for my shares portfolio today. Unlike Mind Gym, what this FTSE 250 firm has been around for centuries — namely, it provides a space for drinkers to get together and grab a pint and a bite to eat — but it’s this resilience which makes it such a brilliant buy.

Whilst broader consumer spending in the UK remains rattled by Brexit uncertainty, citizens’ expenditure on leisure activities remains pretty resilient and this was demonstrated by the pub operator’s latest financials of mid-November. In them Fuller, Smith & Turner declared a 2.3% rise in like-for-like sales in the 32 weeks to November 9, a result that was even more impressive given the strong comparatives of a year earlier.

Now City brokers suggest that earnings will drop 14% in the current fiscal year (also to March 2020), a fall which is in large part down to rising costs like increased staff wages. I think, though, that half-year trading details slated for Thursday, December 12 could see these forecasts upgraded, not to mention a recovery in the company’s recently-depressed share price. Despite a mildly-expensive forward P/E ratio of 19.6 times I reckon the publican is a brilliant stock to load up on today.

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