The Financial Outlook for Personal Investors: AO World and Renew Holdings

Neil Shah of Edison Group discusses the latest changes to his amazingly successful model portfolio The Illuminator. Although still of interest Rolls-Royce and Rightmove are ejected to make room for two newcomers. Online appliance retailer AO World has embarked on a turnaround and its guidance is optimistic, showing a great increase in profitability. Possessing a good balance sheet, they should earn a decent return for shareholders. Renew Holdings is a boring, but worthwhile compounder. It's a market leader in its area of engineering and construction, a fragmented market place. It has a high level of recurring revenue, well-disciplined management and will benefit from UK infrastructure spending. More here: https://www.edisongroup.com/insight/the-illuminator-march-2024/