This week was generally positive with my portfolio spotting a 3% growth. Considering the nosebleed valuation with US equities, I'm looking at opportunities elsewhere.



During the week, I was looking at the London Stock Exchange for opportunities. Two stocks that caught my attention were AutoTrader (AUTO.L) and Rightmove (RMV.L). AutoTrader is the UK's leading online market place for used cars while Rightmove is the UK's largest property portal. These two companies are both online portal plays, with lots of growth left. They are both profitable and do not possess sky-high valuations.



Auto Trader is valued at $5.44B, while Rightmove is valued at $5.53B. Both brands have very high brand awareness (Over 80% in the UK) and enjoy incredible network effects from being the largest company of its type in the country.



I'll be learning more about both companies and would initiate a position if they do pass my test.