EXPN

Go long on the support services company, best known for its credit checking and scoring business, with services in software, marketing and the internet. Demand for its credit-portfolio management and collection products has been driven by heavily indebted US and UK consumers.

Experian’s price comparison website PriceGrabber.com is also booming, fuelled by the rapid increase in online shopping. The UK and US are the group’s core markets, however it is building its presence in Asia, Europe and Latin America. Experian also looks fit for a takeover approach. KKR has bid for Experian’s rival First Data Corporation. Andrew Gibson from Galvan Research and Trading says: ‘Since its float, the shares have been largely range bound. After a solid Q1 trading update, the shares looked set to break out but have faded away. The shares are now back toward the lower end of the trading range, creating a trading opportunity.’

ACTION BUY Experian • Target 630p • Stop loss 565p

TIME TARGET: 4 WEEKS