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Just released: our top 3 cash-focused stocks to buy before September [PREMIUM PICKS]
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Our monthly Ice Best Buys Now is designed to highlight three of our team's favorite, most timely Buys from our growing list of cash-focused Ice recommendations, to help Fools build their portfolios.
“Buy Now” Option #1:
AG Barr (LSE: BAG)
- A partially family-owned soft drinks business with an attractive product portfolio, which includes Irn-Bru.
- Sales for the first half of the year are expected to rise by 5% to c.£221, benefiting from growth in strong soft drinks. The star player was Rubicon, which delivered double-digit growth following successful marketing and distribution gains.
- The company believes that investment in its supply chain should provide improved margins, with volumes of newly acquired products flowing through its existing facilities, resulting in cost savings. A compilation of Improve expected to be completed in the second quarter, which will include £5m of costs as part of a business transformation plan, although in the long term this should provide significant benefits on the basis of reduced costs.
- Longtime CEO Roger White was removed from his position Saga again Superdry manager Euan Sutherland in May. Although this offer may present some risk, the company is operating in an area of strength, and should end the year with c.£60m of cash on the balance sheet.
- It currently trades at less than 17x earnings, a discount to a three-year average of closer to 19x. The expected yield is 2.6%.
“Buy Now” Option #2:
It has been redone
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