Tip of the month

My tip this month is Cranswick, the top-of-the-range pork meat, sausage and pasta producer, for four good reasons that should see its share price hit £9.50p this year.

First, Cranswick is delivering strong trading results. In the latest quarter, sales boomed by 31 per cent to £200m. Second, the company recently bought Bowes, the sausage maker, and organic growth has been 17 per cent, with 14 per cent contributed by the acquired business.

Third, sales of fresh pork have soared by 70 per cent, bacon sales are up 61 per cent while sales of sausages have risen by 21 per cent and cooked meats by 17 per cent.

Finally, Cranswick has just signed a potentially lucrative deal with TV celebrity chef Jamie Oliver. Buy Cranswick at the best price with a 20 per cent stop/loss trigger to protect you against any major market fallbacks.

Stockmarket and alternative investments can fall as well as rise in value. Readers should consult their own professional advisers.