Why Prudential plc, Petra Diamonds Limited And Sirius Minerals PLC Should Beat The FTSE 100 Today

Prudential plc (LON: PRU), Petra Diamonds Limited (LON: PDL) and Sirius Minerals PLC (LON: SXX) are rising today.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Despite a few positive earnings reports, the FTSE 100 (FTSEINDICES: ^FTSE) is slipping today after Japanese GDP growth came in lower than expected and markets are cautious ahead of the next round of eurozone updates. By mid-afternoon, London’s top-tier index is down 19 points to 6,564.

But which shares are heading in the opposite direction? Here are three from the various indices that are on the up today:

5 Stocks For Trying To Build Wealth After 50

One notable billionaire made 99% of his current wealth after his 50th birthday. And here at The Motley Fool, we believe it is NEVER too late to start trying to build your fortune in the stock market. Our expert Motley Fool analyst team have shortlisted 5 companies that they believe could be a great fit for investors aged 50+ trying to build long-term, diversified portfolios.

Click here to claim your free copy now!


Prudential (LSE: PRU) shares gained 33p (2.8%) to 1,219p on the release of first-half results this morning, which showed operating profit up 22% to £1.4bn. Gains came from the aging “baby boomer” generation in the US, with new insurance business in Asia also providing a boost. Chief executive Tidjane Thiam told us that the firm’s strategy “positions Prudential to perform well through challenging economic conditions, with significant upside as the economic conditions improve“.

Even though the price has soared by 50% over the past 12 months, Prudential shares currently trade on a forward P/E of a shade under 14, with two years of 10% earnings growth predicted.

Petra Diamonds

Delvers for sparkly and shiny things have been going through a bit of a lean patch of late, but Petra Diamonds (LSE: PDL) glittered a little this morning with a share price rise of 2p (1.6%) to 128p — taking the price up 30% over the past 12 months. The driver today was an update on the company’s full-year guidance, with the firm now predicting the production of around 3 million carats for the year to June 2014, which is a 12% rise on 2013’s level of 2.67 million.

With profits expected to ramp up in the coming year after a flat year to June 2013, forecasts for 2014 put the shares on a P/E of around 12.

Sirius Minerals

Sirius Minerals (LSE: SXX) has suffered a few blows in recent weeks, with objections delaying the hoped-for approval of its York Potash project — and the share price has taken a pummeling as some investors fear the worst. But there was a little respite today in the shape of £25m in new financing, secured with an institutional investor based in New York — it should significantly reduce risks associated with the York delays.

It’s hard to value Sirius shares right now as there aren’t any profits expected for a few years yet, but if the York project does get the go-ahead, now could turn out to have been one of the best times to invest.

Finally, if you’re looking for investments that should take you all the way to a comfortable retirement, I recommend the Fool’s special new report detailing five blue-chip shares. They’ll be familiar names to many, and they’ve already provided investors with decades of profits.

But the report will only be available for a limited period, so click here to get your hands on these great ideas — they could set you on the road to long-term riches.

> Alan does not own any shares mentioned in this article.

Is this little-known company the next ‘Monster’ IPO?

Right now, this ‘screaming BUY’ stock is trading at a steep discount from its IPO price, but it looks like the sky is the limit in the years ahead.

Because this North American company is the clear leader in its field which is estimated to be worth US$261 BILLION by 2025.

The Motley Fool UK analyst team has just published a comprehensive report that shows you exactly why we believe it has so much upside potential.

But I warn you, you’ll need to act quickly, given how fast this ‘Monster IPO’ is already moving.

Click here to see how you can get a copy of this report for yourself today

More on Investing Articles

Social media and digital online concept, woman using smartphone
Investing Articles

Apple stock: Buffett is long, Burry is short. What should I do?

Our author thinks about whether following Warren Buffet into Apple stock might be a good addition to his portfolio –…

Read more »

Close-up of British bank notes
Investing Articles

5 ‘no-brainer’ dividend shares to buy today

Is there an easy way to narrow down the list of FTSE 100 dividend shares? I try one approach, with…

Read more »

Close-up of British bank notes
Investing Articles

£5,000 to invest? 2 dividend-paying penny stocks I’d hold to 2030

I think these high-yielding penny stocks could help cushion the impact of high inflation on my returns. Here's why I'd…

Read more »

Renewable energies concept collage
Investing Articles

2 green stocks that I think are no-brainer buys for the future

Jon Smith explains two of his favourite green stocks at the moment, one for growth and the other for income…

Read more »

An airplane on a runway
Investing Articles

The Rolls-Royce Share price may be set for take-off!

After an upbeat Civil Aerospace Investor Day, here's why I think the Rolls-Royce share price could be set for take-off…

Read more »

A pastel colored growing graph with rising rocket.
Investing Articles

2 beaten-down growth stocks to buy as inflation rises

Despite inflationary pressures and recession concerns, I am looking at some top growth stocks to solidify my portfolio over the…

Read more »

Stack of British pound coins falling on list of share prices
Investing Articles

Is the IAG share price too good to miss at current levels?

Jabran Khan delves deeper into the current state of play with the IAG share price and decides if now is…

Read more »

Young woman working at modern office. Technical price graph and indicator, red and green candlestick chart and stock trading computer screen background.
Investing Articles

5 of the highest-paying income stocks compared! Which one is best for my portfolio?

Income stocks are certainly in vogue right now amid sky-high inflation. But which of these big dividend payers is the…

Read more »