Zero Percent

In the news this week zero per cent think UK economy in 'very good state' in major blow for Rachel Reeves (LBC) and all stock picks are 88% BUY, 5% HOLD and 7% SELL.

1. OVERWEIGHT Ocado Group

Top interesting stock pick this week is OVERWEIGHT Ocado Group by JP Morgan with a tip performance of 6%.

Ocado is a British technology and distribution business which licenses grocery technology. It also owns a 50% share in the UK grocery retail business Ocado.com. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Ocado share price launched at 159p in 2010, rose to an all-time high of 2,817p in 2020 and is today at 185p.

On 18th November Ocado announced the closure of three partner warehouses in USA in this RNS. Its’ partner Kroger will close three Customer Fulfilment Centres in Frederick, Pleasant Prairie, and Groveland by January 2026, while continuing to operate five other CFCs. Ocado expects to receive over $250 million in compensation for the early closure of these sites, though this will reduce Ocado's fee revenue in FY26 by approximately $50 million.

Although the statement said that the company remains engaged with Kroger and anticipates significant growth in the US market through both CFCs and Store Based Automation, shares dropped 22% in a single day. One commentator questioned the applicability of Ocado robots in the real world when same day delivery services such as Uber Eats and Deliveroo distribute food from regional hubs more and more frequently.

However, JP Morgan reiterated its OVERWEIGHT rating but dropped the target price from 356p to 290p.

In Stockomendation three other analysts: Barclays & Morgan Stanley have UNDERWEIGHT; Bank of America says BUY. Eleven open UK fund manager short positions, view those here.

2. BUY Convatec Group

Second interesting stock pick this week is BUY Convatec Group by Bank of America with a tip performance of 2%.

Convatec is a medical products and technologies company based in London, England, offering products and services in the areas of advanced wound care, ostomy care, continence care and infusion care. It is listed on the London Stock Exchange under the ticker CTEC and is a constituent of the FTSE 100 Index.

Convatec share price launched at 240p in October 2016, reached an all-time high of 343p in 2017 and is today at 237p.

On 20th November the Company announced the commencement of a share buyback program to the value of $300 million in this RNS for the purpose of enhancing shareholder value and improving its financial health.

Bank of America changed its rating from NEUTRAL to BUY and upped the target price from 265p to 295p.

Four other analysts in Stockomendation they are JP Morgan and Barclays with OVERWEIGHT; Pell Hunt says ADD and UBS has BUY. There are no active fund manager short positions.

3. BUY Burberry

Third interesting stock pick this week is BUY Burberry Group by Isabella Fish in The Times - Tempus with a tip performance of 2%.

Burberry Group plc is a British luxury fashion house established in 1856 by Thomas Burberry and headquartered in London. It designs and distributes ready to wear, including trench coats, leather accessories, and footwear. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Burberry share price launched at 226p in 2002, rose to an all-time higf of 2,609p in 2023 and is today at 1,112p.

On 13th November the company issued its interim results in this RNS stating decreased revenue but improved profitability and margin owing to popularity in China.

In STockomendation five analysts: four with BUY they are Isabella Fish, Citi, Deutsche Bank and UBS; Bernstein has OUTPERFORM. Two open fund manager short positions, view those here.

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Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 20th November 2025.