Hobson: Why I Bought Whitbread Shares

THE WEEK: Morningstar columnist Rodney Hobson believes Whitbread's share price will recover soon and he will be collecting the increased dividend in due course

Rodney Hobson 28 April, 2017 | 1:38PM
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On several occasions I have considered investing in Whitbread (WTB). It is a solid company with a good track record but each time I have baulked at the share price, which has always looked pretty fully valued, and at the vagaries of serving a competitive consumer market.

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I looked again this week when very strong results were greeted with a crash in the share price. Sensible investors quite rightly looked beyond the mere numbers and homed in on the outlook.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Persimmon PLC2,904.00 GBP0.00
Taylor Wimpey PLC164.60 GBP0.00
Whitbread PLC3,046.00 GBP0.00

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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