Update research from QuotedData
Herald Investment Trust - Update research from QuotedData
2nd Feb 2022
The future is bright
Whilst Herald Investment Trust's (HRI's) results for the year ended
31 December 2021 will not be published for some time, it looks as
though it had another impressive year, with particularly strong
performances from its semiconductor and UK media holdings (see
pages 15 to 23 for a detailed look at HRI's performance during 2021).
Rising inflation and the potential for interest rises has taken some of the
steam out of growth stocks recently, but HRI's longstanding manager,
Katie Potts, believes there's more to go for. She feels that the sector's
growth will provide a considerable defence against the effects of higher
inflation, and remains enthused about the prospects for the stocks in
HRI's portfolio and their ability to have pricing power in an inflationary
environment. HRI's share price discount to net asset value (NAV) has
widened recently, but we think this could narrow, potentially making this
a good entry point.
Full research:
https://quoteddata.com/research/edinburgh-worldwide-tomorrows-winners-qd/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.
NB: Marten & Co was paid to produce this note on Herald Investment Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.
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