Share tip of the week: recession-proof defence stock

Given the uncertainty surrounding the credit crunch, investors hunting for recession-proof stocks should consider this defence company.

Given the uncertainty surrounding the credit crunch, investors hunting for recession-proof stocks should consider QinetiQ, with its first-rate technologies, strong order book and solid markets.

QinetiQ (QQ.), rated a BUY by UBS

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.