Craigs: sell Summerset, buy Gentrack and Scales

Sun, 07 Apr 2019

By Jenny Ruth April 8 (BusinessDesk) - Craigs Investment Partners is recommending investors sell shares in retirement village operator Summerset Group and to buy shares in utilities software provider Gentrack. The broking firm, which has a nationwide retail network, is also recommending investors buy shares in Scales, which owns the Mr Apple business. Gentrack shares were last week's best performer within the benchmark S&P/NZX 50 Index, gaining 9.3 percent, while Summerset was the worst performer, shedding 8 percent. Craigs says Gen...

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