GoCompare makes new year comeback

Insurance comparison site beats market expectations
Thursday 12 Jan 2017 Author: Daniel Coatsworth
GoCompare ( GOCO ) 73.5p Gain to date: 18.5% Original entry point: Buy at 62p, 24 November 2016 The financial products comparison website has started to catch the market’s attention with news that 2016 earnings before interest and tax are slightly better than market expectations. It also reports strong cash generation which is helping to reduce leverage – net debt dividend by earnings before interest, tax, depreciation and amortisation...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Advertising feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.