Three overlooked British stocks to buy now

Each week, a professional investor tells MoneyWeek where he’d put his money now. This week: Alex Savvides, fund manager, JOHCM UK Dynamic Fund.

I focus on firms undergoing changes that are often poorly understood or neglected by the stock market, and my three picks reflect this.

My first pick is a waste-management company which had until recently been undermined by a mixture of a weak market, poor spending decisions by a growth-obsessed management team, and balance-sheet worries. The first signs of change came at the end of 2011, with the appointment of a new CEO.

The 2012/2013 fiscal year [...]

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