Every month, we ask our freelance writers to share their top ideas for shares to buy with investors — here’s what they said for February!
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Babcock International
What it does: Babcock designs and manufactures specialist defence and engineering equipment to support national defence.
By Mark Hartley. With a £2.2bn market cap, Babock (LSE:BAB) is a comparatively small FTSE 250 company that supports defence initiatives in the UK and abroad. Early last year, reports emerged alleging that Babock had used glue to fix bolt heads on a nuclear submarine. Controversy ensued and the company quickly addressed the situation, but it still suffered considerable losses in the following months.
However, a swift recovery occurred soon after. As global demand for defence equipment escalated in late 2023, so did…
