Top UK shares Ocado Group and Fevertree Drinks are falling today. Here’s what I’d do now

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Harvey Jones | Thursday, 18th March, 2021 | More on: FEVR OCDO Our 6 ‘Best Buys Now’ Shares The high-calibre small-cap stock flying under the City’s radar I’d also consider this exciting opportunity. See all posts by Harvey Jones Top UK shares Ocado Group and Fevertree Drinks are falling today. Here’s what I’d do now Simply click below to discover how you can take advantage of this. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Fevertree Drinks. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Online grocery platform Ocado Group (LSE: OCDO) and premium spirits mixer specialist Fevertree Drinks (LSE: FEVR) are two of the best UK shares of the last decade from a growth viewpoint. Early-stage investors have made fortunes from these fast-growth companies.Measured over five years, Ocado is up 599%. Over the same period, Fevertree is up 299%. They’re among the best-performing UK shares of the pandemic,too. Over 12 months they have grown 53% and 168% respectively.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But as companies get bigger, the pace of growth must eventually slow. FTSE 100-listed Ocado now has a market cap of almost £15bn, while Fevertree is worth more than £2.5bn. It’s not so easy to grow 600% or 300% from that starting point, but expectations remain high.The Ocado share price slipsInvestors have been pricing in plenty of future growth, which makes them liable to be disappointed by the mildest setbacks. That’s what has happened today, as both UK shares have fallen, despite posting halfway decent results.The Ocado share price is down 4.27%, while Fevertree is down a hefty 14.93%. That’s bad news for them but good news for me, as I now have an opportunity to buy these two UK growth shares at a reduced price.Ocado Retail has benefited from Covid lockdowns, as more people have opted for home deliveries. Today’s trading statement reported a 40% rise in sales for the 13 weeks to 28 February. Christmas revenues totalled £599m against £428.8m last year. Chief executive Melanie Smith predicted “strong growth over the coming years as we continue to lead the charge in changing the UK grocery landscape, for good”.So why are investors so negative about this top UK share? One reason is that future comparatives will not be as attractive, as trading normalises. The other is that the Ocado share price is massively expensive given that it has made a loss for the last four years. It is betting the farm on growth, in the hope of establishing itself as a global tech company for supermarket deliveries.That story still holds good and I would consider buying Ocado for long-term growth, while expecting more bumps along the road. It’s down 20% in the last month, partly due to the wider risk-off tech stock sell-off. That’s good enough for me. I’d buy.I’d choose just one of these UK sharesFevertree is also expensive, trading at 50 times earnings, and needs to keep investors sweet by showing continued growth potential. The mood is sour today, as preliminary profits dropped 29% to £51.6m due to falling sales in bars and restaurants, which in non-Covid times make up almost half of its revenues.Off-trade and retail sales were better than expected as more people have been drinking at home. Management also increased the dividend. This isn’t the juiciest income stock, with a forward yield of 0.8%, but cover of 2.5 gives scope for growth.Fevertree should benefit once people are liberated to celebrate their freedom with a craft G&T and premium mixer. The big question is whether Fevertree can really crack the US, where revenues grew 23% to £58.5m. They already total more than half UK revenues of £103.3m, so the outlook is promising. This UK shares is just a bit too expensive for me, though. I’d buy Ocado first. Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before!last_img read more

Burundi army chief survives assassination attempt

first_imgBurundi’s army chief of staff has survived an assassination attempt on a busy road in the capital, Bujumbura.Gen Prime Niyongabo was heading to his office when his convoy ran into men armed with guns and rockets. The men attacked his motorcade just before 07:00 local time.Rwandan police have confirmed the attack, adding that at least seven people have lost their lives.One person has been arrested while two others were killed in the ensuing clash.Four bodyguards lost their lives as well as a female police officer, a senior police source said.Reinforcements have already been deployed in the city  as police pursue the remainder of the attackers.Tension remains high in the country following President Pierre Nkurunziza’s successful election for a third term in July.Nkurunziza won a highly-controversial third term in the July polls that the United Nations described as not being free or fair.His bid sparked an attempted coup and months of civil unrest led by opposition groups who condemned his re-election as being unconstitutional.The country has also experienced a string of killings since his re-election, including the assassination of his top security chief in a rocket attack last month.last_img read more

Richards – I’m still happy at City

first_img The 25-year-old told BT Sport: “I did say at the start of the season I wanted to see the manager’s plans and I’m in his plans, as he’s said all along, so we’ll see what the future holds, but I’m happy at Manchester City. “I’ve been here since I was 14, it’s a club I love. “Before I got my injuries, I was number-one choice. It’s only because I got injuries and Pablo Zabaleta has done so well, I find myself not playing as regular. I’m fully fit now and I’m ready to show everyone what I can do. “It was a big decision for the manager to play me in the Bayern Munich game after only playing one game previously in the cup against Wigan so it shows massive confidence in me.” Meanwhile, defender Martin Demichelis is closing in on a first-team debut after pulling on a City shirt for the first time. The Argentinian defender joined City at the start of September from Atletico Madrid but damaged knee ligaments in his first week of training. Demichelis played 45 minutes in the elite development squad’s 2-2 draw with Rochdale on Wednesday night. With a return date for captain Vincent Kompany still uncertain, Demichelis’ return to fitness has come at a good time, although Saturday’s trip to West Ham may come too soon. Micah Richards insists he is happy at Manchester City despite failing to hold down a place in the side. The full-back has played only twice this season, once in the Capital One Cup and once in the Champions League against Bayern Munich. Injuries limited Richards to eight appearances last season and there had been speculation he may seek to leave the Etihad Stadium but he is confident he is in Manuel Pellegrini’s thoughts. Demichelis, who played under Pellegrini at River Plate and Malaga, told www.mcfc.co.uk: “It was important to play and get the confidence back. My knee responded very well and I’m very happy after working very hard to get here. “It was difficult at the beginning with the injury but that allowed me to meet everybody at the club and feel confident and comfortable with everybody so it’s fantastic now and I’m looking forward to my debut.” Midfielder Jack Rodwell also played in the game, which City won on penalties. The 22-year-old, who has been dogged by injury problems during his time at City, has made only one first-team appearance this season, in the goalless draw with Stoke in September. Rodwell is hoping to be given the nod for West Ham, saying: “I’m fit. I proved it playing 90 minutes so we’ll see. I haven’t trained too much but I’m available for selection.” He will also hope to force his way back into the England squad after Roy Hodgson’s side booked their place at the World Cup finals in Brazil with victory over Poland. Rodwell’s last appearance for his country came in a friendly in Brazil in June, and he said: “Brazil’s looming in the future and obviously I’ve got one eye on it but one step at a time. “Hopefully I’ll get in the (City) team soon and keep playing.” Press Associationlast_img read more