Three bargain-basement stocks for income and growth

Simon Gergel, manager of The Merchants Trust, highlights three cheap, sound businesses that he thinks will produce long-term profits.

A professional investor tells us where he'd put his money. This week: Simon Gergel, manager of The Merchants Trust, highlights three recent purchases.

Our investment approach is to seek out high-yielding stocks that we believe can deliver a high income and an attractive total return. We consider three key aspects of a company.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Simon Gergel

Simon has been the Chief Investment Officer of UK Equities at Allianz Global Investors for more than 17 years and he has extensive experience in fund management. Previous to that, Simon was the Director Senior Fund Manager at HSBC for four years and a UK fund manager executivedirector at UBS Global Asset Management for 14 years. He has a degree in mathematics from the University of Cambridge. Simon contributes to MoneyWeek, giving his outlook on the stockmarket in MoneyWeek’s share tips.