Just released: Our top 3 income-focused stocks to buy before September [PREMIUM PICKS]

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Our monthly Ice Now Best Buys are designed to highlight our team's three favorite and most timely buys from our growing list of income-focused Ice recommendations, to help Fools build their portfolios.

“Best Buys of the Moment” Selection No. 1:

AG Barr (LSE:BAG)

  • Partly family-owned soft drinks company with an attractive brand portfolio, including Iran-Bru.
  • Its first-half sales are expected to rise 5% to around £221 as it benefits from strong soft drinks growth. The best performance was Rubicon, which recorded double-digit growth thanks to successful improvements in marketing and distribution.
  • The company believes the investment in its supply chain should deliver improved margins, with volumes of the newly acquired brands passing through its existing facilities, resulting in cost savings. Increase Completion is expected in the second half, contributing £5m to the cost of the business turnaround programme, although in the longer term this should provide increased profitability on a reduced cost base.
  • Former CEO Roger White was replaced by former Saga and super dry Company boss Euan Sutherland said in May that while the move may involve some risk, the company is operating from a position of strength and should end the year with around £60m in cash on its balance sheet.
  • It is currently trading at just under 17 times expected earnings, a discount to the three-year average of about 19 times. The expected yield is 2.6%.

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