Rabobank tips Wolters Kluwer and Philips

Rabobank analysts are tipping the shares of publishing group Wolters Kluwer and electronics giant Philips in their latest Conviction List, published on Wednesday.


The analysts say Wolters Kluwer offers an attractive and safe dividend of over 5% and that Philips shows room for new windfalls in profits in the second half of this year.
Two companies have been removed from the list. Supermarket group Ahold has been scrapped because of the downward trend among supermarket customers in the US and the Netherlands.
Paint and coatings group AkzoNobel has gone because the analysts see no flexibility in the shares since the they rose 28% in July.

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