Sell in May and go away? Not on the PlayingFTSE show!

The Steves are back they’ve got a lot on their minds this week. Our show kicks off with some news about Orca — not the whale, but the investment platform. It’s winding down. Neither Steve has anything much to do with the platform, but this might be a sign that VC cashflows are tightening and both Steves have shares on Monzo to think about. Should they be worried?

Next is the news that there’s a hurricane coming. According to Jamie Dimon anyway. The JP Morgan boss thinks just downgraded his forecast for the economic outlook. What’s an investor to do? Keep calm and keep buying great businesses at good prices, of course.

Speaking of great businesses, PlayingFTSE favourite Salesforce has been reporting earnings this week. The report was positive and the stock pushed 7% higher on the news. The tech giant (bigger than you might think) had some information on familiar themes — stock based comp, share dilution, and rapid revenue growth. Steve D’s been looking at the comments from the management and Steve W’s been wondering about where this company is in terms of its maturity.

On the subject of buying great businesses at good prices, the Steves have their stocks to buy in June. And neither of them is from the US! First up is Steve D, who’s been looking at a European stock. It’s ABB, which is probably one of the most interesting companies you’ve never heard of. It’s got a powerful-looking EV charging business, but it hasn’t made as much money as an activist would like. Find out what Steve thinks of the stock going forward.

Steve W has a UK stock that he’s been watching come down in price since the beginning of the year. It’s Experian — one of the three major credit bureaus and the stock is down around 30% since the start of January. Steve reckons the business has one of the best moats in the FTSE 100 and it generates some impressive returns on its fixed assets. What price is he looking at buying it at, though?