Buy ViaLogy PLC (VIY) by Paul Hill in MoneyWeek CLOSED

Tip Notes

If yo look at the overall market, it's a cyclical industry, but 4imprint has grown sales by 15%a year for the last five years, during which time the market was flat. In the recession, sales only dipped by 3% in the US and subsequently next year were up about 15%, so you can see it has taken market share. The really good news is that it's still only got 1% market share, so there are many years of decent growth ahead of it. You are getting about 15% profit growth per year and it's yielding 4.5% on a price/earnings (p/e) ration of about 14, excluding cash.\\nStuart Widdowson - Moneyweek