3 Stock Picks to Benefit from Digitalisation

Digitalisation of companies and industries has meant investors must adapt to new valuation techniques, says Brunner Investment Trust manager Lucy MacDonald

David Brenchley 25 October, 2018 | 2:47PM
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Checklist, digitalisation, intangible assets, economic moat, valuation

Some of the generally accepted methods for valuing companies are no longer relevant, meaning investors need to re-think the metrics they use, according to Allianz’s Lucy MacDonald.

It’s been an argument put forward because of the proliferation of companies with huge amounts of intangible assets, such as intellectual property, patents and subscribers that don’t make it on to balance sheets.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Brunner Ord1,015.00 GBX-0.49Rating
Ecolab Inc221.10 USD-3.99Rating
Informa PLC518.80 GBX-0.69
SThree PLC590.00 GBX1.03

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk