The company advised that due to “continuing challenging economic conditions in certain regions, phasing delays at major customers in North America and delayed decisions by customers,” it has been forced to scale back its revenues expectations for the full year.

Pace now expects sales to clock in at $2.55bn in 2015, down from $2.62bn last year and a hefty downgrade from its previous revenues prediction of between $2.65bn and $2.72bn.

 In better news Pace kept its forecasts for adjusted earnings before interest, tax and appreciation stable at $255m, up from $241.1m in 2014. The Yorkshire-based business also confirmed that its touted $1.4bn takeover by US-based Arris Group “continues to progress in-line with expectations and … is expected to close in late 2015.”

The chips are up

But while Pace advised performance should pick up during the second half of 2015, thanks to a better product mix and improving supply chain, I believe the company lacks the rosy revenues outlook over at ARM Holdings (LSE: ARM). While it is true that Pace is a big player in the TV and broadband technology markets, it does not carry the same weight with blue-chip customers as the mobile microchip designer.

Fears of saturation in the critical smartphone and tablet PC markets has prompted much head-scratching over whether ARM Holdings can maintain the breakneck earnings growth of previous years. But thanks to its alliance with industry giants like Apple, and increasingly with the fast-growing manufacturers of China, I believe the Cambridge firm is in great shape to continue heading off the charge of competitors like Intel.

On top of this, ARM Holdings is also making steady headway in the networking and servers segments, which are red-hot growth markets in their own right. Indeed, the business advised just this week that it expects its chips to be in 25% of all servers within the next five years.

A strong selling point

And I am also more positive on payment specialist PayPoint’s (LSE: PAY) sales outlook than that of Pace, thanks to its hefty presence on the UK High Street.

The business currently operates from 27,800 retail outlets up and down the country, including both supermarket giants, like Tesco and Sainsbury, and independent retailers, and provides a variety of services — from accepting bill payments and zipping money across the globe, through to topping up pre-paid cash cards, PayPoint has its fingers in many pies.

PayPoint saw UK and Irish retail transactions leap 24% during April–June, a result that helped group transactions clip 6% higher in the period, to 201.6m. With the firm also making progress in divesting its underperforming online and mobile divisions, I believe earnings at PayPoint should step comfortably higher in the years ahead.

The post Why I Would Buy Tech Giants ARM Holdings plc And Paypoint plc Over Pace plc appeared first on The Twelfth Magpie.

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Royston Wild has no position in any shares mentioned. The Motley Fool UK owns shares of PayPoint. The Motley Fool UK has recommended ARM Holdings. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Indeed, Pace’s $1.4bn merger with Arris is still very much on track and, while Pace concentrates on performing as a standalone entity ahead of the merger (which is due to complete in the fourth quarter of the year), Pace will not pay further dividends this year. This, though, is not hugely significant since Pace only yielded around 1.2% at the present time.

Of course, Pace’s share price has declined considerably since the merger was announced earlier this year. Its shares have fallen from 450p in April to their current level of 355p, which makes them hugely appealing at the present time since they trade on a price to earnings (P/E) ratio of just 9.1.

Furthermore, the deal with Arris seems to make sense and should create considerable efficiencies and synergies in the combined entity, with Arris having a strong reputation as a broadband equipment manufacturer. And, with Arris’ shares trading on a price to earnings growth (PEG) ratio of just 0.6, it appears to offer growth at a very reasonable price. As such, the 0.1455 shares that investors in Pace will receive in the new merged company in return for each of their Pace shares (plus 132.5p in cash) appears to be a very attractive offer.

Meanwhile, Imagination Tech (LSE: IMG) also has considerable capital gain potential. That’s because it is forecast to increase its bottom line by 6% this year, followed by a further rise in earnings of 23% next year. This would come after three years of falling profitability and, as such, investor sentiment could improve dramatically if Imagination Tech were able to deliver on its future guidance. And, with its shares trading on a PEG ratio of just 1.2, they appear to offer considerable scope for an upward rerating over the medium to long term.

Still in the tech sector, engineering consultancy firm, IQE (LSE: IQE), is due to post a rise in its net profit of 11% next year. This would come after a three year period in which the company’s bottom line has risen at an annualised rate of 19% (if the current year’s expectations are met). Despite this, IQE’s share price has been rather subdued in the last three years, rising by just 1% during the period. As a result, IQE trades on a PEG ratio of just 0.8 and could start to see an upward rerating come through over the medium term.

As to whether Pace, Imagination Tech or IQE is the best buy, all three stocks offer good value for money and have bright futures. However, Pace seems to be the cheapest of the three and, while its future is somewhat uncertain due to its planned merger with Arris, for long-term investors it seems to offer the greatest upside potential.

The post Is Pace plc Set To Beat Imagination Technologies Group plc And IQE plc? appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens has no position in any shares mentioned. The Motley Fool UK owns shares of Imagination Technologies. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Clearly, the fall from a pretax profit to a loss making situation has hurt sentiment in Blinkx and, while its shares are moving in the right direction thus far in 2015, it still has a long way to go before it makes a full comeback. And, while Blinkx undoubtedly has significant future potential as it seeks to shift its strategy towards a faster growing mobile offering, I’d rather buy TalkTalk and Pace for these three reasons.

Profitability

Even though Blinkx’s strategy appears to be a sound one, it is expected to remain in loss-making territory in the current year before making a small profit next year. As such, investor sentiment may struggle to improve significantly and push the company’s share price higher, although it is understandable that such a major transition will take longer than a year to have a positive impact on the company’s bottom line.

Meanwhile, TalkTalk and Pace are both expected to grow their earnings over the next two years. For TalkTalk, the growth rate is forecast to be astronomical, with it set to be 88% in the current year, followed by 51% next year. And, while Pace’s net profit is due to be flat this year and rise by just 3% next year, its tie-up with Arris means that its longer term profit growth outlook is very strong.

Track Record

Of course, the above is unsurprising when you consider that both Pace and TalkTalk have excellent track records of growth. Both are well-established companies that, while not dominant in their respective industries, are certainly strong niche players. In fact, both Pace and TalkTalk have been profitable in each of the last five years and, while their bottom lines have not always risen during that time, their performance should give their investors a degree of confidence regarding their future prospects.

This contrasts with Blinkx, which made a loss last year and which is in the middle of making major changes to its business model. Therefore, it is a less stable proposition and appears to come with greater risk than TalkTalk or Pace.

Valuation

While TalkTalk and Pace have upbeat outlooks, their shares still offer excellent value for money at the present time. For example, TalkTalk has a price to earnings growth (PEG) ratio of just 0.3, which indicates that its shares offer excellent growth potential at a very low price. And, with Pace having a price to earnings (P/E) ratio of 9.6, it could be set for an upward rerating moving forward.

Meanwhile, Blinkx trades on a forward P/E ratio of 77.5 and, while its new strategy could push earnings northwards at a rapid rate, it seems to offer less appeal in terms of its valuation than either Pace or TalkTalk. As such, the latter two companies seem to be the preferred options at the present time.

The post 3 Reasons Why I’d Buy TalkTalk Telecom Group PLC And Pace plc Before Blinkx Plc appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Track Record

However, not all technology companies are particularly volatile. For example, the UK’s most prominent tech company, ARM (LSE: ARM) (NASDAQ: ARMH.US), has been profitable in all of the previous five years, with its bottom line growing in four of those five years. That’s a better track record than most of its FTSE 100 peers – many of whom are businesses that are viewed as relatively defensive and much more consistent than tech stocks such as ARM.

As such, ARM could be viewed as a tech stock for everyday investors, with its nimble, idea-focused business model requiring only relatively small amounts of capital and reinvestment. And, looking ahead, ARM is expected to grow its bottom line by 74% this year and by a further 20% next year, which could bolster investor sentiment in the company and push its share price to higher highs – even though it is up 17% already this year.

Valuations

Similarly, many investors are put off tech stocks due to their sky-high valuations. While this can be true in many cases, there are also some great value stocks on offer in the tech sector. For example, set-top box manufacturer, Pace (LSE: PIC), currently trades on a huge discount to the wider index, with it having a price to earnings (P/E) ratio of only 10.3, versus 16 for the FTSE 100.

Certainly, there are considerable changes set to take place at Pace, with its £1.4bn merger with Arris Group due to take time to implement and for the planned synergies to come to fruition. And, while Pace is a tech stock, its bottom line is due to grow by just 5% next year, although its longer term growth rate remains very bright and, as such, its shares could be the subject of an upward rerating in the medium to long run.

Risk/Reward

Of course, there are some tech stocks that come with a higher valuation than Pace and lower forecast growth rate than ARM. One such company is Imagination Tech (LSE: IMG), which is set to increase its earnings by 34% this year and 20% next year, and which trades on a P/E ratio of 29.5.

However, that’s not to say that it lacks appeal at the present time, since Imagination Tech trades on a very lucrative price to earnings growth (PEG) ratio of 0.8, which indicates that there is considerable upside potential. In fact, it could be argued that Imagination Tech offers the best of both and, as a result, appears to be worth buying alongside ARM and Pace right now.

The post Is Now The Perfect Time To Buy These 3 Tech Stocks? ARM Holdings plc, Pace plc And Imagination Technologies Group plc appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens has no position in any shares mentioned. The Motley Fool UK has recommended ARM Holdings. The Motley Fool UK owns shares of Imagination Technologies. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

According to the terms of the deal, Pace shareholders will receive 133p in cash and 0.1455 new Arris shares for each share held — equal to around 427p per share based on yesterday’s prices.

The deal will see Arris and Pace merge to create a new company that will be incorporated in the UK, a move that’s designed to lower the enlarged group’s tax bill. 

Indeed, after the deal the enlarged Arris’s corporate tax rate will fall to around 27%, from 37% as reported during 2014. 

Great deal

In many ways, this deal is good news for the shareholders of both Arris and Pace. The deal comes at a time when the demand for set-top boxes is really starting to take off, as consumers switch to what have been branded “over-the-top” services. These services allow users to stream video through a high-speed broadband connection.

Arris produces telecommunications equipment that enables companies to transmit high-speed data, video and telephony systems. So it makes perfect sense for the company to combine with Pace, a producer of set-top boxes. 

What’s more, Arris’ largest customers include Comcast, Time Warner Cable and AT&T. These are some of the largest telecoms groups in the world. 

And when the deal is completed, the combined Pace-Arris group will be a force to be reckoned with. Figures show that the enlarged group will have 8,500 employees globally, and is on track to report $8bn per annum in sales. 

Further, according to Arris’s figures, the deal will boost Arris’s earnings per share by as much as 25% in the first 12 months after close. Pace shareholders will own 24% of the enlarged company when the deal is completed.

Stay or go?

So, should Pace shareholders accept Arris’s offer of shares and cash, or should they cut and run?

Well, the enlarged Arris will be one of the world’s largest providers of equipment for “over-the-top” services, a market that’s growing rapidly and showing no signs of slowing down. Wall Street analysts expect Arris’ earnings per share to expand by around 40% this year before taking into account any synergies from the deal with Pace. 

And with that in mind, it makes sense for investors to hold on to their Arris shares offered as part of the deal: Arris’ earnings are set to explode over the next few years.

The post Pace plc Jumps 30%+ After ARRIS Group, Inc. Offer appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Rupert Hargreaves has no position in any shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Furthermore, looking ahead there is still great potential for price rises from those three companies, plus Pace (LSE: PIC) and Imagination Tech (LSE: IMG) which, although underperforming the FTSE 100 in the last six months (their shares rose by 10% and 8% respectively), have considerable long term potential.

Volatility

Clearly, tech stocks are never going to be the most stable or consistent of companies when it comes to bottom line performance. However, with the banking sector, mining sector, oil sector, consumer goods sector and a whole host of others seeing their earnings numbers decline drastically at one time or another in the last five years, on a relative basis tech stocks may be less volatile than many investors believe.

And, surprisingly, all five stocks mentioned above have betas that are less than 1. This means that their share prices should change by less than 1% for every 1% move in the value of the FTSE 100, which means that if the wider index does endure a period of instability following the General Election, then tech stocks may feel it to a lesser extent than most companies on the index.

Track Record

Looking at the track records of the five companies, they are more consistent than many investors may realise. For example, ARM, Pace, Laird and Spirent have all managed to increase earnings per share in four of the last five years, with Imagination Tech managing to do so in three of the five years. That’s impressive – especially when you consider that it has been a challenging period for the sector and for the wider economy.

Looking Ahead

And, looking ahead, strong growth is forecast for all of the stocks, with Pace being the only exception. Its bottom line is expected to flat line in the next two years, but this appears to be more than priced in to its present valuation, with it having a price to earnings (P/E) ratio of just 8.2. In fact, with ARM’s price to earnings growth (PEG) ratio being just 1.5, it appears to offer growth at a reasonable price, with Spirent, Imagination Tech and Laird also offering the same via PEG ratios of just 0.9, 0.8 and 1 respectively.

So, while the focus of investors may be elsewhere at the present time, the UK tech sector appears to be a great place to invest.

The post 5 UK Tech Stocks Set To Explode! ARM Holdings plc, Laird PLC, Pace plc, Imagination Technologies Group plc And Spirent Communications Plc appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens owns shares of Laird. The Motley Fool UK has recommended ARM Holdings and Pace. The Motley Fool UK owns shares of Imagination Technologies. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Redrow

Redrow (LSE: RDW) builds houses, and housebuilders are stupidly cheap — and it really does seem to be as simple as that. Since mid-2012 we’ve seen a three-fold rise in the Redrow share price to 357p, but even after that we’re still looking at P/E multiples of under nine this year and dropping to less than eight on 2016 forecasts. These are companies that built up their land banks at knock-down prices and are set to reap the profits over the next ten years.

Investec

Investec (LSE: INVP) is a specialist banking and investment firm, and it’s just the kind of company I’d expect to do well when economies get firmly back to recovery. With growth forecasts suggesting a P/E for March 2017 of under 11 and a PEG ratio of 0.6 for 2016 followed by 0.8, we’re looking at a definite growth prospect. Couple that with expected dividend yields of 4 to 5% over the next couple of years, and it’s surely worth a closer look.

Pace

How about Pace (LSE: PIC), the digital TV technologist? The shares are down 24% over the past 12 months to 341p, but the P/E could well be bottoming out at around eight based on 2016 estimates. With a return to EPS growth forecast for that year, is it worth a punt now? Well, Pace has put in a good spell of strong EPS growth, and in a relatively lean year its shares do look a little oversold to me.

Moneysupermarket.Com

Moneysupermarket.Com (LSE: MONY) shares have more than trebled over the past five years, to 270p, but is there anything left? The shares are highly valued on forward P/E multiples of 21 and 19 for this year and next, with dividend yields only a little above the FTSE average at 3.3 to 3.5%. But if long-term growth lives up to expectations, we could still be looking at a bargain here.

Stagecoach

Our fifth here, Stagecoach (LSE: SGC), has faced uncertain times during the recession. But it kept earnings reasonably stable and, perhaps more importantly, progressively lifted its well-covered dividend through the past five years. The year to April 2015 should be flat, but we have double-digit EPS growth forecast for the following two years. With dividend yields of around 3% and rising, Stagecoach looks like a relatively safe growth prospect.

The post 5 Mid-Cap Growth Prospects: Redrow plc, Investec plc, Pace plc, Moneysupermarket.Com Group PLC And Stagecoach Group plc appeared first on The Twelfth Magpie.

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• How much would a portfolio of income shares need to be worth to produce £32,700 a year in retirement?
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Alan Oscroft has no position in any shares mentioned. The Motley Fool UK has recommended Moneysupermarket.com and Stagecoach. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

However, does this now mean that Blinkx and Pace are better value than ARM? Or, should you stick with ARM for the long run?

Track Record

A major plus for investors in ARM is its track record of growth, which is robust and relatively stable for a technology company. For example, during the last five years ARM has managed to increase its bottom line in four of the five years, with growth averaging a hugely impressive 29% per annum. For a technology company, this consistency is relatively unusual, although sector peer, Pace, has also managed a similar feat of only one year in five seeing profitability fall. Its bottom line, though, has increased at a lower annual rate than that of ARM during the period, with it averaging 18% per annum.

Still, Pace’s performance is much more appealing than that of Blinkx, which is expected to swing to a loss in the current year. A key reason for this is a significant shift in the market, with Blinkx arguably being a step behind the change from desktop to mobile. As such, its 37% average annual growth in profit over the last three years is set to come to an abrupt end.

Looking Ahead

Despite this, Blinkx has considerable future potential. Its management team is attempting to transition the business towards the faster-growing space of mobile and, with a strong balance sheet and plenty of cash, it seems to be on the right track to return to profitability in 2017.

However, much of Blinkx’s future potential appears to already be priced in. For example, its shares have risen by 15% this year and now trade on a forward price to earnings (P/E) ratio of 62.5. This is much higher than ARM’s P/E ratio of 35 and, with the latter being forecast to increase its bottom line by a hugely enticing 69% this year and a further 20% next year, its price to earnings growth (PEG) ratio of just 0.6 has huge appeal.

Of course, Pace continues to offer excellent value for money. For example, it trades on a P/E ratio of just 8.3 which, given its excellent track record of growth, seems to be very difficult to justify. Certainly, its growth prospects for the next couple of years are somewhat disappointing, with the company’s net profit due to flat line, but its long term potential remains very sound.

So, while ARM’s current valuation is very appealing and it is an extremely high quality company that is worth buying at the present time, Pace seems to offer the greatest scope for share price gains over the medium to long term. And, while the future will inevitably be volatile for Blinkx, it remains attractive but can only manage third place when up against the likes of Pace and ARM.

The post Should You Buy Blinkx Plc And Pace plc Instead Of ARM Holdings plc? appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens has no position in any shares mentioned. The Motley Fool UK has recommended ARM Holdings and Pace. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Shares in Pace (LSE: PIC) are up by as much as 9% today after the set-top box manufacturer released encouraging results for 2014. And, looking ahead, it upgraded its own guidance for the current year, with Pace set to benefit from winning a number of key customers last year and the launch of multiple new products.

Despite their strong performance today, shares in Pace trade on a price to earnings (P/E) ratio of just 8.9. And, with such a bright future, they seem to offer a very enticing investment opportunity even though they have already more than doubled in the last five years.

Laird

UK-based technology company, Laird (LSE: LRD), is up by 4% today after posting an impressive set of full-year results. Encouragingly, the company said that it has good momentum to deliver growth in the current year after increasing its bottom line by 11.3% in 2014. This has allowed it to increase dividends by 4.2% and means that Laird now yields a very appealing 3.6%.

Furthermore, with Laird’s bottom line forecast to grow by 16% this year and 12% next year, its P/E ratio of 15.9 seems very reasonable and indicates that further strong share price performance could lie ahead.

Stagecoach

Today’s results from transport company, Stagecoach (LSE: SGC), were robust, showed that it is delivering upbeat growth in its top-line and that, most importantly, it is on-track to meet its full-year guidance. And, looking ahead, it could prove to be a surprisingly strong performer, with Stagecoach having impressive growth prospects forecast for the next couple of years.

For example, it is expected to increase profit by 20% in the current year, followed by a rise of 12% next year. This growth rate puts Stagecoach on a price to earnings growth (PEG) ratio of just 0.8, which indicates that its shares could perform well over the medium to long term.

Tullett Prebon

Today’s results from interdealer broker, Tullett Prebon (LSE: TLPR), were disappointing and showed that there is a significant amount of uncertainty surrounding the business. And, looking ahead, it said that it is difficult to predict the level of activity in the markets that it serves, which will leave many investors wondering whether it is a company worth investing in.

However, where Tullett Prebon makes sense as an investment is with regard to its valuation, which includes a significant margin of safety for the current lack of certainty in its operations. For example, it has a P/E ratio of just 10.4 and, with a yield of 5.1%, seems to be an appealing, albeit risky, investment at the present time.

Travis Perkins

Despite profit for 2014 rising by 15%, today’s results announcement from Travis Perkins (LSE: TPK) has sent its shares lower by 2.5% after it cautioned against its short term performance. In fact, the company thinks that demand could stall ahead of the UK General Election, which could impact on its current year results.

Even so, Travis Perkins is still forecast to increase net profit by 11% in each of the next two years which, while it trades on a P/E ratio of just 14.9, indicates that it could be a strong long term performer even if its short term performance is not particularly impressive.

The post Should You Buy These 5 Mid-Caps: Pace plc, Laird PLC, Stagecoach Group plc, Tullett Prebon Plc And Travis Perkins plc? appeared first on The Twelfth Magpie.

More reading

• With a yield of 6.8% and a P/E ratio of 12.1, is this a dirt cheap FTSE 250 stock to consider?
• Will SpaceX, Nvidia, or Alphabet be the first $10trn stock?
• Up 95%! This FTSE 100 stock’s outperformed Nvidia over the past year
• With a 9.3% yield, is this an amazing opportunity to consider buying dirt-cheap Taylor Wimpey shares?
• How much do you need in a Stocks and Shares ISA to aim for £375 a week in retirement?

Peter Stephens owns shares of Laird. The Motley Fool UK has recommended Laird, Pace and Stagecoach. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.