By Nigel Hawkins, Hardman & Co Analyst
In addition to Hardman & Co’s monthly analysis of client stocks, the thorny issue of market disruption – a popular theme currently – is also addressed.
In a wide-ranging article, Hardman’s utilities analyst, Nigel Hawkins, assesses the impact that market disruption has already made. In some sectors, notably telecoms and aviation, market disruption has been apparent for many years, as the rise of Vodafone, Ryanair and easyJet demonstrates.
However, in some sectors, such as oil and housebuilding, structural changes have been modest – the dominance of the big players endures.
For investors, there is real interest in those sectors where changes are underway. The UK groceries market, which may shortly become a duopoly, is a case in point.
And, intriguingly, who knows if there is a company currently languishing in AIM, which will attain a £50bn market valuation within the next decade?