I think this FTSE 250 stock is a great buy after its 15% drop

first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Homeserve. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images See all posts by Manika Premsingh Manika Premsingh | Tuesday, 18th May, 2021 | More on: HSV Simply click below to discover how you can take advantage of this.center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address The stock in question is Homeserve (LSE: HSV). The multinational home repairs provider is down almost 7% today, after it released its final results for the year ending 31 March 2021. This is a continuation of a larger trend. In the last month the FTSE 250 stock’s price has fallen 15% and about the same over the past year as well. It has seen much volatility since, even reaching multi-year highs last August, but it is essentially trending downwards. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Why is the Homeserve share price falling?I reckon the Homeserve share price is falling for two reasons.One, there is a broad and prolonged rotation out of defensive shares. As the outlook for coronavirus-impacted sectors improved last year, defensive shares started looking expensive by comparison. Two, it does not help that the Homeserve share price is still comparatively elevated. Its price to earnings (P/E) ratio at 35 times is still quite high especially considering that its share price has fallen 28% from its highs last August. Strong performanceThat does not take away from the stock’s credentials in my view, though. It is a financially strong company that reported 15% revenue growth for the year ending 31 March 2021 earlier today. And it has managed robust growth despite lockdowns, which made access to homes difficult. It has seen a plunge in statutory operating profit by a whole 55% because of a big one-off charge on eServe, its UK customer relationship management solution, which ultimately did not work out well. The charge is glaringly large at £84.8m, and has wiped out a large part of its operating profits. However, considering its financial performance over the years, I am inclined to overlook it. At least for now.Homeserve expects to deliver an acceleration in performance next year. Considering that the global economy is expected to pick up speed through the rest of 2021, I believe in Homeserve’s forecast. Also, while there could be some come-off in demand as people return to offices, this may be more than made up for by the relaxation in lockdowns.  More positives for the FTSE 250 stockHomeserve also pays a dividend and currently yields 2.3%. While this is not a dividend yield that qualifies it for an income stock, it is an additional gain. After all, there are instances of growth stocks that offer little more than rock-bottom dividend yields.And in my view, Homeserve is a growth stock. Before the unexpected happened last year, its share price had been steadily rising. In fact, if I had bought the stock five years ago, I would have more than doubled my money by now. My takeawayI think these developments bode well for Homeserve. Additionally, I am fairly convinced that the stock market rally can continue, even with hiccups. This means that the likelihood of share price increase is higher than it would be in an indifferent market.I think now is an opportunity for me to buy.   I think this FTSE 250 stock is a great buy after its 15% drop I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Police called to kids’ lemonade stand had the sweetest reaction

first_imgiStock(NEWBURGH, N.Y.) — When a passerby called the cops on a group of kids with a lemonade stand, the responding officers had the perfect reaction.“So the kids where I live decided to have a lemonade stand during rush hour. Smart idea. However, some bitter person decided to call the cops on them,” Whitney Glover shared on Facebook. “Instead of the officers shutting it down they decided to have a cup themselves. Thanks Town of Newburgh Police Department.”Officers Thomas O’Connell Jr. and Clayton Dubois responded to the initial complaint call Monday night over a concern for “kids with signs in the roadway,” chief of police Donald Bruce Campbell told ABC News.“I thought they handled the situation perfectly,” Chief Campbell said. “They first made sure that the kids were safe and were not causing danger to themselves or the public, then they took some time out of their day and before their next call to purchase some lemonade and interact with the kids. It was a great job by them.”Glover, who took the photos and shared the sweet moment, confirmed to ABC News that her daughter was in the green shirt helping sell lemonade.“We live in the complex and all the children play with each other,” she said. “The officers did stay for about 10 minutes enjoying a cup of lemonade with them.”The Town of Newburgh Police Department later shared Glover’s post on their own social media and wrote, “We’re very proud when our officers have a positive impact on the community, especially the children.”Glover said the kids’ stand stayed open and “is still open until the kids go back to school Wednesday.”In over three years as chief of police, Campbell said he had never witnessed a similar call or incident.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

LOT.TO expands numbers dynamics with Betradar

first_img Related Articles Share StumbleUpon David Lampitt, Sportradar: F1 presents betting’s most sizeable opportunity August 14, 2020 Sportradar combats social media abuse with player protection solution August 17, 2020 Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Submit Share Next generation i-lottery systems and lottery games provider LOT.TO has confirmed that it will utilise Betradar (Sportradar AG subsidiary) betting software services to enhance its numbers based betting solution for sportsbook customers.In 2018, Betradar has moved to revamp its ‘numbers betting’ solution simplifying game formats whilst improving customer functionalities for its lottery components.Updating stakeholders LOT.TO development confirms that it will utilise Betradar numbers to deliver/improve the following features ‘easily searchable lotteries, countdown tickers for all games, links to results showing every winning market and emojis that indicate hot and cold picks’.Andrew Lindley, Co-founder of LOT.TO said: “Globally, numbers betting is hugely popular, but the format of the games in betting shops and online has not evolved for some time; bets are largely limited to a few picks from a handful of national lotteries, with uninspiring odds, long periods to settlement and minimal entertainment for the player. We are proud to be launching this brilliant package with Betradar, which provides the market with real lotto draws from every corner of the world, with results occurring every minute and significant new gamification that makes for a fresh and utterly compelling offer.”Seeking to disrupt traditional lottery engagements, and develop new digital audiences, this November LOT.TO secured venture funding from racing systems and wagering group Sportech PlcBacking LOT.TO initiatives, Greg Parsons, Sales Director Africa for Sportradar said: “LOT.TO has created a product that fills a significant gap in the digital marketplace, combining the best elements of a lottery, sports betting and casino in the one single package. We’re hugely excited about the partnership with LOT.TO to help revolutionise lotto betting games by combining our quality betting data and partnerships with their digital UX.”last_img read more

VIDEO ANALYSIS: Why most current Ghanaian players WILL NEVER play in top Euro clubs

first_imgIn the last five years, Oliver Arthur has been responsible for a chunk of the significant transfers involving Ghanaian players in Italy including Godfred Donsah, Afriyie Acquah, Alfred Duncan and others.The Italy-based agent, who comes from Ghana, understands the transfer market like few do.Tuesday was ”ª#‎DeadlineDay”¬ in most of Europe, and he speaks to Joy News about why Ghanaian players find it so hard to make significant moves to top clubs.In the January transfer window, only two players from the West African country have been sold to club in the elite leagues.Arthur and his Arthur Legacy Sports Management Limited managed to transfer Ghana U20 defender Patrick Asmah to Atalanta on a four-year deal from lower division side Accra United FC .German top-flight side Schalke also signed Bernard Tekpetey from Unistar Academy. “In Africa, we don’t have the facilities to train the players to a particular level so the Europeans find it very difficult working with already mature players aged 24 and 25,” Arthur told Joy Sports.Video highlights:* Michel Platini’s recent backing of regulation stopping players over 18 from getting into the EU has harmed Ghanaian talents.* Ghanaian players must get into European teams at young ages when they can be moulded to suit continental football.* Most of the current Black Stars will not get to play in top European teams unless they have exceptional seasons.* All is not lost and Oliver explains other ways by which Ghana’s best talents can attract top Euro clubs.As seen on the Joy News channel.CLICK HERE TO WATCH –Follow Joy Sports on Twitter: @JoyFMSports. Our hashtag is #JoySportslast_img read more