Maria Psarra, Head of Trading at ZAI Capital, joined Nick Batsford on the Tip TV Finance Show to discuss her pick of stocks for the week which are preforming well.
IAG (LONDON:ICAG) – Downgrade by Credit Suisse (SIX:CSGN) across all airlines due to higher oil prices triggered a big downside move and the stock looks attractive at current levels.
EasyJet PLC (LONDON:EZJ) – Psarra favoured longs, with this stock having closed the previous gap and seen heading higher.
Redrow (LONDON:RDW) – The fundamentals suggest a positive outlook with their most recent results showing revenues rising by 33% and dividends doubling and an increasing average selling price. Thus she concluded that there is more upside ahead.