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Tool Hire Giant Could Benefit from Higher Costs in the Building Game

By Malcolm Stacey | Thursday 10 March 2022


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.


Hello Share Fanciers. It’s amazing the way some companies are now making more money than before covid first struck. One such lucky outfit is Ashtead Group (AHT), the Footsie giant that loans out building tools. This company is an irritation to me. At one stage I was so amazed at the energy of a rising share price that I thought it just couldn’t go on. And so, after holding for ten years or so, I sold the lot. You can guess what happened next…

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