Imperial Tobacco is a sell investment, says expert

Thu, 23 Sep 2010

Despite being on track to meet 2010 targets, Imperial Tobacco represents a 'sell' for investors, it has been argued. Nick Raynor, investment adviser at The Share Centre, observed that the firm's revenue has slowed in line with the sector over the last six months.

"We continue to list Imperial Tobacco as a 'sell' for investors as we favour British American Tobacco (BAT) from the sector," he explained.

"BAT offers better opportunities for growth and is also paying a higher dividend ."

Mr Raynor added that investing in tobacco companies could be "as harmful to your portfolio as smoking their products is to your health ".

Meanwhile, Mike Deverell, investment manger for Equilibrium Asset Management, observed recently that the commercial property market represents a good investment opportunity for Britons.

He said that the business property market has a number of benefits when compared to other asset classes. 
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