Thesis AM's Paterson: Three undervalued stocks likely to produce a turnaround

Ryan Paterson, research analyst at Thesis Asset Management, highlights three UK companies that he favours - and which he believes the market is currently undervaluing.

Inmarsat, Micro Focus and Playtech are primed to become good quality growth stocks over the long term, and are held within some of the Thesis model portfolios. Inmarsat The successful launch of Inmarsat's S-band satellite for the European Aviation Network (EAN), providing Wi-Fi for airline passengers, should have been a positive catalyst, but it was somewhat overshadowed by rival satellite operators who are critical of the offering. However, the S-band satellite underlines the momentum that Inmarsat is building in the high-speed inflight connectivity market. It has more than 1,20...