Newspaper article The Evening Standard (London, England)

Portfolio

Newspaper article The Evening Standard (London, England)

Portfolio

Article excerpt

BUY VEDANTA RESOURCES Charles Stanley urges investors to fill their boots with shares in Indianfocused mining giant Vedanta Resources -- but it comes with a health warning. Along with the whole mining sector, Vedanta -- the FTSE 100's second-best performing stock last year -- is only recommended for the long term. "On an 18-month and longer term view we continue with our Accumulate recommendation," its note says. The recommendation followed yesterday's third-quarter trading update which was broadly in line with forecasts. Vedanta is still relatively restricted in the number of metals it mines -- aluminium, copper, zinc and iron ore.

SELL DE LA RUE UBS reckons banknote printer De La Rue is too expensive despite its defensive qualities, which could appeal to the risk-averse punter in these troubled times. After a trading snapshot from the company yesterday, UBS upped its profit forecasts for the year by a notch -- by 2% to [pounds sterling]103 million to be precise. …

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