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As FTSE 250 hits new highs, UK and European small and mid caps still offer value for stock pickers


As FTSE 250 hits new highs, small and mid caps still offer value for stock pickers
UBS added Stagecoach Group to its Smid conviction list, while fund manager Richard Penny suggested some “stealth compounders” under the radar of mainstream investors
Stock picking is key
London’s mid-cap stock index, the FTSE 250, have this month pushed on to another all-time high having stumbled lower after blasting through the previous ceiling around 22,000 in April.
While many worry about inflation and other market watchers angst about share valuations that in many places look stretched, there remain many pockets of value on the stock market, of which UK and European small caps and the mid-caps that are found on the FTSE 250 remain two sources. ....

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NA Proactive news snapshot: Delta 9 Cannabis Inc, Byrna Technologies Inc, Cloud DX Inc, MegumaGold Corp, O3 Mining Inc, Phyto Extractions Inc, Fury Gold Mines Ltd, Nomad Royalty Company Ltd, Ascendant Resources Inc, Ximen Mining Corp, Ready Set Gold Corp,


A glance at some of the day s highlights from the Proactive Investors US and Canada newswires
Your daily round-up from the world of Proactive
Bragg Gaming Group (TSE:BRAG) (OTC:BRGGD) announced that it has acquired Wild Streak Gaming, a Las Vegas-based content creation studio with a portfolio of 39 premium casino slot titles supported across online and land-based applications. Under the terms of the deal, the sellers of Wild Streak received US$10 million in cash at closing and will receive US$20 million in Bragg stock over the next three years. Similar to Bragg’s pending acquisition of Spin Games, announced on May 12, the WIld Streak transaction increases the company’s ability to distribute and develop high-quality online casino content to the US market in-house.  ....

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