Preferred stocks for 2017: Our preferred stocks drawn from the universe of 33 stocks covered by the UK Small and Mid Caps team are:
o Best for growth: BCA Marketplace
o Best for quality: BBA Aviation, DS Smith, Inchcape
o Best defensive plays: Biffa, Cineworld, Go-Ahead
o Best for value: FirstGroup
Least preferred stocks. Within our sectoral orders of preference, our least preferred stocks are Stagecoach (Bus and Cail), Carillion (Construction), The Restaurant Group and Mitchells & Butlers (Pubs and Cestaurants). We are also Underweight on HSS Hire.