Five stocks poised to thrive through Brexit volatility
Following an initial jolt after the unexpected Brexit result, the FTSE 100 has recovered its losses and is trading well ahead of the level before the referendum vote. Five managers talk to Investment Europe and highlight five UK companies able to withstand volatility and thrive through the uncertain economic landscape. Jeremy Lang, manager of the Ardevora UK Income fund discusses the prospects for the multinational consumer goods compnay Reckitt Benckiser (RB). Ketan Patel, portfolio manager at EdenTree talks about the positive long term outlook of Mears Group. Hugh Yarrow, manger of the Evenlode Income fund talks about Diageo’s positive dividend growth post-Brexit. Martin Todd, co-portfolio manager of Hermes Sourcecap European Alpha Fund claims that Auto Trader is an ‘attractive opportunity.’ Brian Cullen, manager of the SWMC UK fund discusses why Dairy Crest should thrive in the post- Brexit world.