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Weekly Trader and Bond Markets 27.05.24 – Grafton Group, Microsoft & AstraZeneca

27.05.2024



Opportunities this week:

  • We believe it is an opportune time to highlight Grafton as a buying opportunity, with the upcoming general election in the UK a likely positive catalyst for the company. (BUY PT: £11.30)
  • We reiterate our BUY rating on Microsoft following the recent announcement of its new range of PCs which will be optimised for artificial intelligence tasks. (BUY PT: $479)
  • We reiterate our take profits call on AstraZeneca reflecting a stretched valuation in our view, we are also dropping the stock from our research coverage