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Just released: Our 3 Top Income-Focused Stocks to Buy Before June [PREMIUM PICKS]

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Premium content from Motley Fool Share Advisor UK

Our monthly Ice Best Buy Now is designed to highlight three of our team’s favorite, most timely buys to help nerds build their portfolios from our growing list of income-focused Ice recommendations.

“Best Buys Now” Pick #1:

GSK (LSE: GSK)

  • Pure-play drugmaker GSK has grown since spinning off its consumer health business, Helion. Sales growth has accelerated, profits are rising, and management is using the company’s healthy balance sheet and cash flow to reinvest in future growth drivers.
  • These trends continued into the first quarter of the new year as continued currency sales grew 13% year-over-year (10% including the impact of sales of Covid-19 solutions in the prior period) driven by strong demand for its vaccines and new treatments. Thanks to
  • While profit was flat on a statutory basis in the quarter, management raised full-year profit guidance and is now calling for 8%-10% adjusted earnings per share for the full year.
  • News flow from the company’s pipeline has been largely encouraging, with some good clinical trial results and further acquisitions of other promising treatments underway.
  • With adjusted earnings ahead of consensus at around 11x, along with the prospect of sustained high-single-digit or possibly low-double-digit revenue growth for some time to come, we think GSK is worth a close look in May. is capable of

“Best Buys Now” Pick #2:

Edited

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