Recovery plays or worse to come?
Two popular stocks covered here saw their shares tumble on disappointing outlook statements. The shares of one look particularly attractive, although that was the case a month ago as well! We offer our usual forthright opinion on the valuations of both here. (Premium)
Remember to use our updated AIMsearch tool from the link here to discover which AIM companies benefit from the valuable Inheritance Tax reliefs.Client portfolios managed by our associates, Fundamental Asset Management, may hold shares in companies covered belowOnto our coverage of those potential recovery play... Focusrite: shares tumble againShares in Focusrite (AIM:TUNE), the music and audio products group, fell 25% following a disappointing full year trading update. This hitherto popular AIM stock has now seen its shares fall more than 80% from pandemic highs, with many holders probably inclined to think of giving-up on this previous high-flyer. So what’s gone…