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Not overpaying for quality companies is just as – if not more – important than picking the right companies in the first place

How food-on-the-go specialist SSP stacks up against travel retailer WH Smith

This week Phil looks at some companies at interesting strategic junctures

Tesco’s profit recovery is going well. However, it still faces significant challenges from Aldi and Lidl. Does it have the right business model to sustain its recent gains?

This week Phil analyses some smaller companies.

WH Smith's travel business is very profitable, and growing. It is the key driver of its share price, but can it keep delivering for shareholders?

This week Phil discusses Fevertree, Bellway, DP Poland, AG Barr and Michelmersh Brick Holdings.

Investors need to understand why a company has high margins and how it can protect them

Some of Phil's analysis this week looks at companies that have made acquisitions - but have they added value?

The pub operator has been the standout performer in a difficult sector. Despite strong sales growth, rising costs and a slowdown in new pub openings suggest that growing profits in the future is going to be difficult