3 Shares Set To Beat The FTSE Today

Published in Investing on 12 October 2012

Hargreaves Lansdown (LSE: HL) and Interserve (LSE: IRV) lead the way.

The FTSE 100 (UKX) is hovering at 5,819 points as I write, just 10 points up on the day, and it looks like it's going to be a pretty flat week. Still, if we're not seeing any upward movement, the absence of fresh eurozone shocks is welcome.

But even if the FTSE isn't moving, individual companies in the various indices are. Here are three that are doing very well today...

Hargreaves Lansdown

An interim update sent Hargreaves Lansdown (LSE: HL) shares up 27.5p (4%) to 715.5p.

In the three months to 30 September, assets under management were boosted by £2.2bn to £28.5bn. Revenues rose to £68.7m, 20% up on the same quarter last year, and a company record for any quarter.

The firm told us of a "pleasing start" to the year, and an "excellent" start to October. Year-end price-to-earnings (P/E) ratio is around 24, but there's a 3.8% dividend forecast.


News that Interserve (LSE: IRV) is to release £89.5m from the disposal of some investments gave the shares an 11.4p (3.1%) boost to 382p today. Interests in two subsidiaries were sold, providing an extra incentive for investors looking for shares that are likely to pay good dividends.

For the year to December, the City is expecting a 5.4% dividend yield from Interserve, and that should be more than twice covered by earnings. And with a forward P/E of only 8, we could have a bargain here.

If you like strong dividends like Interserve's, ace investor Neil Woodford, who specialises in that strategy, might have something for you. The Motley Fool report 8 Shares Held By Britain's Super Investor takes a look at some of his major holdings. Click here to get your free copy, while it's still available.


Talking of flying shares, budget airline Flybe (LSE: FLYB) took off today, up 5.7% to 53p. The driver was the news of a contract with Finnair to fly 12 of its jets on its behalf, under Finnair colours but operated by Flybe Finland.

We also got a trading update, which told us that things are going in line with expectations. With Flybe shares being pretty depressed right now, down more than 20% on the year, shareholders could do with a boost; will this provide the long-term turnaround that's needed? We can only wait and see.

With a number of sectors starting to look like they're on the way up again, now could be a good time to start planning on making your first million from investing in shares. It really is plausible, and this free Motley Fool report tells you how.

Further Motley Fool investment opportunities:

> Alan does not own any shares mentioned in this article. The Motley Fool owns shares in Hargreaves Lansdown.

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