New Horizons
Accendo Markets is proud to now be offering its services to the Irish market. This naturally increases the scope of our research and analysis to cover not just UK-listed equities, but those listed on the Dublin Stock Exchange too. In some cases the stocks are dual-listed which helps. In this report, we’ve picked three stocks on account of their dual listing (UK and Ireland) and thus high liquidity.
With an Accendo trading account, you are in a position to speculate on falling as well as rising prices. This effectively doubles your opportunity to profit from market moves, since prices inevitably move down as well as up. What’s more, our trading account is a great tool for hedging a traditional physical shares portfolio against short-term adverse market conditions. Further details about the service offered by Accendo Markets can be found at the end of this report.
Three Irish stocks with fantastic trading potential right now
We’ve picked three sectors that are proving very interesting given their potential to keep moving upwards over the long term, but also offer the chance to correct lower in the shorter term. The gambling industry shows no signs of shrinking anytime soon and with plenty of potential M&A targets out there, the sector offers some fantastic growth opportunities. Paddy Power Betfair (PPB) is our pick.
Airlines have been basking in low oil prices and rising passenger numbers. In particular, budget airlines are fast wresting market share from the national flag carriers. But with fuel prices potentially set to recover given ongoing chat about a global production freeze, could airlines like Ryanair (RYA) be looking a little toppy?
Building Materials & Construction is a sector that’s been very much in focus in the UK, given all this talk of a potential Brexit. Ireland, of course, has no such debate to drive prices lower. But CRH (CRH) may have just enough exposure internationally to knock it off its perch.
Double your opportunity
At times such as this – when markets could be on the cusp of a recovery, but the fundamentals just don’t seem strong enough to usher things higher – you may already be realising that having the opportunity to profit from falling as well as rising prices is a godsend.
Our specialty is helping you to increase your profit potential and/or manage risk, maybe even eliminate it entirely (otherwise known as hedging). To do this, we use contracts for difference (CFDs). CFDs are the ideal way to capitalise on the sorts of opportunities we’re seeing in the markets right now. We explain CFDs on the following page, before looking at some trade examples for Paddy Power Betfair (PPB), CRH (CRH) and Ryanair (RYA).
