Stocks Dip

Headlines say Stocks dip ahead of payrolls and all stock picks this week 80% BUY, 9% HOLD and 11% SELL.

1. AVOID Me Group

Top stock pick this week is AVOID Me Group International by Steve Moore in ShareProphets with a tip performance of 6%.

Me Group runs a network of photobooths and other vending machines in 16 countries.

Me Group share price launched at 76p in 1993, rose to an all-time high of 437p in 2000 and is today at 105p.

On 1st June the company issued its’ Trading Update in this RNS stating a modest overall revenue increase for the first half but softened trading toward the end of the period as weaker consumer confidence began to affect demand, particularly in France. Its photobooth business saw reduced usage linked to lower demand for ID services, while the laundry division remained more resilient but also slowed, and equipment sales declined as the company continues to prioritise operating its own machines. Despite some improvement after the period, management expects uncertainty in the wider economic environment to persist and has therefore taken a more cautious stance on the full year outlook, although it remains confident in longer term growth and expansion of its higher margin laundry operations supported by a strong balance sheet.

In his article Steve Moore highlights the reduced share price and market capitalisation.

In Stockomendation four analysts, three with BUY they are Canaccord Genuity; Peel Hunt and Berenberg and Steve Moore with AVOID. There are no active UK fund manager short positions.

2. ADD Glencore

Second top performing stock pick is ADD Glencore by Andrew Mackie in The Motley Fool with a tip performance of 6%.

Glencore is an Anglo-Swiss commodity trading and mining company. Founded in 1974, it is the world’s largest commodities trader and is a constituent of the FTSE 100 index.

Glencore share price launched at 524p in 2011 and is today at its’ all-time high of 598p.

New updates (like lower power costs in South Africa and ongoing commodity strength) were digested, and the shares moved higher into early June. The biggest immediate driver was a broad rally in mining stocks across the FTSE 100 once markets reopened. Underneath that short term bounce is a bigger driver that copper prices are at or near record levels in early June 2026 driven by tight supply, disruptions, and strong demand from AI and electrification. A key piece of news hit just before / during the holiday, that Glencore secured lower electricity tariffs for its South African ferrochrome business.

In Stockomendation four analysts: Goldman Sachs and JP Morgan are NEUTRAL; Citi has BUY and Andrew Mackie says ADD. There are no active short positions.

3. SELL WPP

Third top performing stock this week is SELL WPP by Goldman Sachs with a tip performance of 4%.

WPP is the world's largest advertising company. Founded in 1971, it is headquartered in London and a constituent of the FTSE 250.

WPP share price launched at 88p in 1993, rose to an all-time high of 1,875p in 2017 and is today at 277p.

Goldman Sachs rated WPP SELL on 3 June 2026 because it sees a combination of weak growth prospects, structural industry pressure, and disappointing cash generation, meaning the stock is unlikely to deliver attractive returns versus peers. Goldman’s core view is that WPP will struggle to grow organically in the near term without a major reshaping of the business portfolio. The bank pointed to ongoing structural headwinds, including disruption from AI and changing media/marketing models, Increased competition from more agile peers and execution risk around WPP’s ongoing restructuring program.

In Stockomendation three analysts: Deutsche Bank with BUY; Citi is NEUTRAL and Goldman Sachs has SELL. Eight open US fund manager short positions, view that here.

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Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 5th June 2025.