2 top UK shares to buy in June

first_img See all posts by Royston Wild I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images. I’m on the lookout for top UK shares to add to my portfolio in June. Here are a couple that I think could soar in price next month.Watch out for fresh financials!I think buying Flowtech Fluidpower (LSE: FLO) could be a good idea before it updates the market around the time of its annual general meeting on 3 May. The company’s share price has now recovered all the ground it lost following the 2020 stock market crash. Its latest forecast-beating update a month ago leads me to believe another sunny release is in the offing.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This UK engineering share makes hydraulic and pneumatic systems that allow industrial companies to create, transfer, and control power. And demand for its goods is picking up as original equipment manufacturers (OEMs) restock and activity among resellers improves. Indeed, Flowtech’s first-quarter performance was so robust that it predicted it could end 2021 with a revenues run rate similar to pre-pandemic levels.At current prices, Flowtech Fluidpower changes hands on a forward price-to-earnings (P/E) ratio of around 21 times. This sort of meaty rating — allied with the strong recent share price performance — poses an investment risk. If the company were to announce that its trading has started to level off, it could prompt a sharp share price reversal.Logistics leviathanI also think Urban Logistics REIT (LSE: SHED) could be a shrewd buy before it releases full-year results on 9 June. UK logistics and warehousing shares Clipper Logistics and Tritax Big Box REIT are already in my portfolio. I think rising e-commerce volumes will deliver strong and sustained shareholder returns. And I’m expecting Urban Logistics’s upcoming release to reiterate its exceptional structural opportunities.I plan to hold those shares for a decade or more. Demand for distribution and storage assets continues to outstrip demand by a fair lick as Internet shopping activity rises. Consequently, rents are on a steady upward slant and the likes of Urban Logistics are expanding rapidly to exploit this market to the fullest. The company claimed at the time of its interim report in November that “the logistics market continues to break all records”.The Covid-19 outbreak supercharged online shopping volumes as lockdowns shuttered physical stores all over the globe. A legion of new Internet users entered the fray and retailers invested vast sums to improve their online operations. It’s no wonder that Urban Logistics has said that “we expect that behavioural changes formed during lockdown are here to stay”. And logistics services providers like this stand to benefit significantly from this sea change in consumer habits.Urban Logistics’s healthy appetite for acquisitions could create trouble later down the line. Property companies can overpay for assets, or an asset can fail to deliver on its promise for a variety of reasons. That said, I’d still add this UK share to my own shares portfolio right now. Our 6 ‘Best Buys Now’ Shares Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. FREE REPORT: Why this £5 stock could be set to surge Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Simply click below to discover how you can take advantage of this. Royston Wild | Monday, 31st May, 2021 | More on: FLO SHED Get the full details on this £5 stock now – while your report is free. Royston Wild owns shares of Clipper Logistics and Tritax Big Box REIT. The Motley Fool UK has recommended Clipper Logistics and Tritax Big Box REIT. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address 2 top UK shares to buy in Junelast_img read more

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CUNA, trades file Supreme Court brief over Fair Housing Act

first_imgCUNA joined with other trade organizations Monday to file an amicus brief with the U.S. Supreme Court regarding a lawsuit that raises important questions about the scope of the Fair Housing Act. CUNA filed an amici curiae brief in April in City of Miami v. Wells Fargo and City of Miami v. Bank of America, and the Supreme Court agreed to hear the case in June.The city of Miami brought suit against the two banks arguing that discriminatory actions against city residents entitles the city to damages for indirect harm. The city argued that foreclosures and other events stemming from unfavorable mortgages resulted in lost revenue from lower property taxes and other incurred expenses.“These cities are not within the zone of interests protected by the Fair Housing Act. In enacting the FHA, Congress sought to protect individuals’ right to fair housing and to live in integrated communities,” reads CUNA’s brief, filed Monday. “It demonstrated no concern with cities’ interest in protecting their tax revenues as an objective of the FHA.”CUNA warned that the lower court ruling could set a bad precedent that would allow other entities, such as neighboring residents, municipalities and even local businesses, to maintain suits against financial institutions, even if the entity never had any direct dealings with a credit union or bank. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Clippers play very solid first half, hold on to defeat Utah 107-101

first_imgHe was pressed to talk about his rebounding.“I just tried to get in there and help,” Paul said. “DeAndre (Jordan) and Blake do a great job on the boards. Coach Doc told us guards that we have to rebound more, so I just try to get in there and help.”Clippers post Jordan had just five rebounds.Paul said his foot is “fine,” but he did get several hours of treatment on it Monday morning.Griffin chimed in on Paul, with a bit of friendly sarcasm.“He’s capable of doing that night in and night out,” he said. “With the way he scores, the way he passes, those are almost guaranteed. You don’t really bat an eye when he’s in double digits with those categories. But he did a great job of coming in and stealing some of our rebounds.”Griffin was smiling.The Clippers (3-1), who next play Wednesday at Golden State, shot 50.6 percent from the field, 43.5 (11 of 23) from 3-point range. Utah (1-3) shot 46.8 percent, 37 percent (10 of 27) from beyond the arc.The Clippers led 26-20 after one quarter and 56-43 at halftime. They took a 15-point lead at the outset of the third quarter, but Utah tied the game 62-62 with 4:34 left in the quarter. Only Reggie Bullock’s 3-pointer with 1.5 seconds left in the quarter allowed the Clippers to take a 73-70 lead into the fourth quarter.Bullock scored 12 big points off the bench, all on 3-pointers. Jamal Crawford, bruised ribs and all, contributed 19 points and surpassed the 15,000-point mark in his career.Gordon Hayward led Utah (1-3) with 27 points on 10-of-19 shooting, 5 of 12 from 3-point range. He, too, applauded the job done on the boards by Paul.“When he’s going after rebounds like that, I guess it’s hard for our bigs to crash (the glass),” Hayward said. “A lot of those rebounds were defensive (all of them were). So when our bigs are crashing, that can be a load down there. And he did a good job of coming in and getting the rebounds that his bigs didn’t get.”Bottom line, there was some progress made by the Clippers in this one. Rivers noticed.“Yeah, expect for that one stretch,” he said, when asked if this was his team’s most complete game so far. “We just keep having these stretches. And this one was a little more frustrating because we were getting great shots.” Utah Jazz coach Quin Snyder was fielding questions from reporters before his team took on the Clippers on Monday night at Staples Center. One asked Quin what he is seeing from the Clippers right now.“The same thing we’ve seen for a while,” he said. “They’re a very good team that’s incredibly balanced offensively, great leadership, ability to change the game defensively. Their break is very unique in that they can push it on the dribble. They have a big in Blake (Griffin) who can push the ball himself. “Also if you look at the outlets, they’re outletting the ball to mid-court.”Snyder described the team the Clippers can be, not what they looked like through the first three regular-season games following a 2-6 record in the preseason. At least, not consistently. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img The Clippers then went out and, save for losing all of a 15-point third-quarter lead, played their best ball of the young campaign, defeating the Jazz 107-101 before a sellout crowd of 19,060 at Staples Center.Griffin led the Clippers with 31 points on 14-of-21 shooting; he also grabbed nine rebounds. But Chris Paul was the star of this show. Playing with a mildly sprained left foot, he had his first triple-double since the 2011 postseason. Paul scored 13 points, doled out 12 assists and pulled down a team-high 10 rebounds.“That’s who he is,” Clippers coach Doc Rivers said of Paul. “He is just a tough guy, a warrior, and you love having him on your team. That is just a 6-foot guard getting a triple-double. It is really impressive.”Asked to talk about his triple-double, Paul was humble.“We won,” he said. “I mean, it’s not the first one. I think it would have sucked had we lost. But we won, so that’s all that matters.”last_img read more

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