There’s an abundance of shares on the FTSE which might be piquing my curiosity proper now. On the flip facet, I see a good few I plan to steer properly away from.

Right here’s one I’d love to purchase extra shares of if I had the money, and one to which I’m giving a large berth.

A inventory I really like

Unquestionably, one in all my favorite shares in my portfolio is Video games Workshop (LSE: GAW). The price is up a formidable 120.8% within the final 5 years.

Throughout that point, the agency has posted highly effective progress. Final yr, the enterprise recorded its greatest efficiency ever, with income for the 53-week interval to 2 June climbing to £525.7m from £470.8m the yr prior.

With its progress, Video games Workshop has grow to be the chief within the miniature wargames business. That offers it a aggressive benefit over its friends.

CEO Kevin Rountree mentioned in its newest outcomes that the enterprise has “a very clear strategy, which remains unchanged, a detailed operational plan for the year ahead and a great team to deliver it”.

There’s additionally passive earnings on supply with its 3.6% dividend yield. Its payout has steadily risen within the final decade. And with its extremely sturdy stability sheet, I reckon we may see it maintain rising within the instances forward.

Competitors is a risk. Because the market turns into larger and extra profitable, naturally extra gamers will enter the house.

Nonetheless, with its loyal buyer base, I’m bullish on the inventory. With that in thoughts, I’m keen to maintain including to my holdings within the months to return with any investable money.

I’m steering clear

One inventory I don’t plan on shopping for any time quickly is Vodafone (LSE: VOD). Within the final 5 years, the telecommunications titan has misplaced 52.1% of its worth.

I reckon it may very well be a worth entice. On paper, the inventory seems filth low-cost at 72.1p. However I feel there are many different higher choices on the market for buyers to think about. Its shares commerce on 19.4 instances earnings. That appears too costly to me.

I’m not writing off its turnaround potential. And in all equity, it has made first rate progress with its streamlining mission.

It has offloaded its Spanish and Italian companies, elevating €13bn within the course of. With a number of the proceeds, it intends to begin a share buyback scheme. In its newest Q1 replace to buyers, it mentioned an preliminary €500m tranche of buybacks was virtually full.

However I see a handful of points that deter me from dipping my toe out there and shopping for some shares proper now.

It nonetheless has loads of debt on its stability sheet. It at the moment stands at €33.2bn. For comparability, its market capitalisation is £19.3bn.

On high of that, the enterprise has struggled to develop its high line in recent times. Final yr complete group income fell by 2.5% to €36.7bn.

We’re nonetheless within the early phases of its turnaround. Nonetheless, I’ll must see its debt come down earlier than I take into account investing. That’s a serious concern of mine.