Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Recent plc trading updates make us wary of the near-term macroeconomic outlook and we thus now look to a company whose most recent results announcement included “now in 5th consecutive half-year period of delivering comfortable double-digit customer growth… Macro-economic pressures continue to provide a favourable environment for new Partner recruitment and engagement”.
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