MoneyWeek’s comprehensive guide to this week’s share tips
Jul 02, 2021
3 minutes
Five to buy
Hipgnosis
Shares
ipgnosis’s shares have gained just 6% in the year since we first recommended them. But in that time the firm’s market capitalisation has increased from £700m to £1.33bn, thanks to a series of capital-raises to fund song-catalogue acquisitions. The idea is to profit from the income from music royalties. The latest £150m raise of new shares at 121p has been set aside for a catalogue made up of “some of the most influential and successful songs of all time”, which
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