Two Awesome Dividend Stocks (Like This FTSE 100 Hero) Whose Share Prices Should Surge Next Week [Forbes]
ASHTED GRP PLC UNSP/ADR (ASHTY)
NASDAQ:AMEX Investor Relations:
ashtead-group.com/investorcentre/default.aspx
Company Research
Source: Forbes
Two Awesome Dividend Stocks (Like This FTSE 100 Hero) Whose Share Prices Should Surge Next Week Getty With year-end financials slated for release on Tuesday, June 18, I reckon now is a great time to buy into Ashtead Group. The equipment rental business has seen its share price slip 10% during the past six weeks, weakness which now leaves it dealing on a dirt-cheap forward P/E ratio of 9.7 times. This presents a brilliant buying opportunity, in my opinion, and particularly given the strong possibility of yet another rip-roaring trading update. Shrugging off fears over the health of the US construction market, Ashtead, which generates almost all profit from North America, continues to pick up the pace. Not only is it witnessing “strong end markets,” but efforts to expand the size of the group through targeted M&A is working wonders in driving up its share of the market. It wasn’t a surprise that the FTSE 100 firm reported a 19% pick-up in underlying revenues during the three months to J
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