Sue Noffke’s income share ideas for 2021 | Summary and Q&A

TL;DR

Fund manager Sue Nofkey is optimistic about 2021 for income seeking investors due to projected growth and increased clarity on vaccines.

Key Insights

• 🥺 Link Asset Services predicts 6% market growth in the UK equity market in 2021, leading to optimism for income seeking investors.
• 🧑‍🎓 Student accommodation stocks are expected to bounce back as students return to campuses and pay for their accommodation.
• 📽️ Infrastructure investments are likely to benefit from increased government spending on infrastructure projects globally.
• 🐶 Pets at Home, Tesco, and Unilever have demonstrated resilience and potential for growth during the pandemic crisis.
• 🪛 Fiscal spending on infrastructure is expected to drive economic recovery after the pandemic.
• 🛻 Sue Nofkey's top pick, Peric Student Property, is trading at a significant discount to its net asset value, presenting a potential investment opportunity.
• 🐶 Increased pet ownership during lockdown has resulted in higher demand for pet-related products and services.

Transcript

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Questions & Answers

Q: Why is Sue Nofkey optimistic about income growth in the second half of 2021?

Nofkey believes that increased clarity on vaccine effectiveness and deployment, along with projected market growth, will boost confidence and lead to income growth.

Q: What are Sue Nofkey's top share picks for 2021?

Nofkey highlights student accommodation stocks, particularly Peric Student Property, which she believes are undervalued and will experience a quick return to normal income generation and dividends.

Q: Which theme stood out in Sue Nofkey's portfolio?

Infrastructure is the theme that stood out in Nofkey's portfolio, as she sees governments worldwide increasing fiscal spending on infrastructure projects to stimulate economies after the pandemic.

Q: How do Pets at Home, Unilever, and Tesco emerge as winners from the COVID-19 crisis?

Pets at Home benefited from an increase in pet ownership and delivered strong growth in their services business. Tesco demonstrated operational strength and is poised to reward shareholders, while Unilever is expected to see a rebound in impulse purchases from emerging markets.

Summary & Key Takeaways

• Sue Nofkey is optimistic about income growth in the second half of 2021, citing projected market growth and increased confidence due to vaccine effectiveness and deployment.

• Student accommodation stocks are one of Nofkey's top picks for 2021, as their business models are not disrupted by the pandemic and students are expected to return to campuses.

• Infrastructure investments, such as mining and construction companies, are identified as potential beneficiaries of increased government spending on infrastructure projects.