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July momentum update

An update on our potential momentum trade ideas strategy, looking at the winners from the May-June period.

The front of a hotel owned by InterContinental Hotels Group
Source: Bloomberg

A couple of cautionary notes here – Shire had a bid during June that lifted its shares by 14%, while Smith & Nephew also remains a possible bid target, as does InterContinental Hotels.

For more information on our momentum strategy ideas, see here

Company

% change

Shire 33.45%
Kentz Corp 28.79%
Kazakhmys 28.34%
Vedanta Resources 20.37%
Petra Diamonds 19.52%
InterContinental Hotels Group 18.08%
Go-Ahead Group 17.49%
DCC 16.62%
Just Eat 16.53%
Provident Financial 15.13%
Smith & Nephew 14.81%
BTG 14.23%
Exova Group 13.09%
NMC Health 12.61%
TalkTalk Telecom Group 12.45%
Brit 11.98%
IP Group 11.81%
Synergy Health 11.23%
Alent 11.22%
United Utilities Group 11.08%

 

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