Financial website loveMONEY asked a string of fund managers and financial advisers to select a company that they liked – and asked them to explain why they saw it as attractive.
Here’s what they had to say.
*Please note that none of these comments should be taken as stock recommendations.
Strat Aero PLC
Helal Miah, investment research analyst at The Share Centre, believes GlaxoSmithKline, the pharmaceutical giant, as having strong longer-term potential.
“After a sensible, lower risk stock is out of the way, my wild choice would be a very small higher risk company called Strat Aero PLC (LON:AERO) ,” he said.
This company provides training and consultancy solutions to the aviation industry for unmanned aerial systems, or so-called drones.
“I am a keen flyer of model planes, helicopters and drones and have seen the development of these flying machines over the years from a hobbyist perspective,” he said.
Miah believes these new technologies have vast commercial possibilities within surveillance and security, as well as film and TV production, farming, construction and even internet shopping.
“Major retailers and logistics organisations must explore the possibilities or risk getting left behind,” he said. “The sky is the limit.”
Of course, the opportunity for Strat Aero lies in the possibility of landing a big contract with a major corporation or government.
“The risk is that it’s a tiny operation in a nascent industry, where major corporations have big budgets to fund their own research, technological developments and training,” added Miah.
