Monthly buy, hold and sell share tips from the Herald Sun on the 19th of May.

Buy Shares

Slater & Gordon (SGH) – Major capital raising has allowed company to expand its footprint in the UK market. We expect to see further consolidation in the UK, driving profit growth. Vision Eye

Institute (VEI) – Eye surgery clinic company is an exciting growth story. Capital raising has allowed VEI to pay down debt, expect dividends to start soon.

Hold Shares

Macquarie Group (MQG) – MQG recently jumped on FY13 results. Turnaround story still in play, but offers poorer value compared to buy recommendation back in December.

Carsales.com (CRZ) – Great business with strong margins but will have to continue acquisition march in order to justify current valuation multiples.

Sell Shares

Boart Longyear (BLY) – BLY’s exposure to gold and copper mining could lead to protracted pain. At real risk of announcing a profit warning, following peers SDM, ASL and EHL.

ERA Limited (ERA) – Uranium sector still in doldrums and flagship Ranger mine has halted production. Funds generated from processing ore stockpiles are needed for mine rehabilitation.