We asked our freelance writers to share the best British stocks they’d buy this November. Here’s what they chose: Rupert Hargreaves: Drax Power generation group Drax (LSE: DRX) used to operate one of the largest coal power stations in Western Europe.
I think some of the best stocks to own in the FTSE 100 right now are Phoneix Group (LSE: PHNX) and Legal & General (LSE: LGEN). Both of these companies support dividend yields of more than 6%. They also seem to have fallen out of favour with the market recently.
When I look at the Rolls-Royce (LSE: RR) share price, I see a company the market loves to hate. The stock has underperformed the market for years now, as investors have decided to avoid the business. This selling pressure only intensified last year.
The stock markets appear to be in a good place right now. But going by the fluctuations seen recently, I think we need to brace as much for a potential stock market crash as we should ideally prepare for a market rally. Neither may happen, of course.
This sounds like a strange title, considering that the Lloyds Bank (LSE: LLOY) share price has been making sideways movements for almost five months. But if we look at its longer-term share price trend the picture looks far more positive. Since the start of this year, the Lloyds share price has risen by almost 40%.
The IAG (LSE: IAG) share price has lost momentum recently. In fact, the stock has dipped almost 15% in the last five trading days alone. Will next month’s update on trading (5 November) help arrest this downward pressure? I’m torn.
The Wise (LSE: WISE) share price crashed by 30% over the past month. After trading at over £11.50 in September, it now trades close to its market debut price of £8. What caused the crash and should I consider buying the shares today?
London Stock Exchange profits climb by more than 7% but shares dip on warning of weaker end to the year
LSE saw growth across all of its business divisions in the third quarter It has continued to make ‘good progress’ on the integration of Refinitiv But Q4 income is ‘not expected to grow as fast’ amid supply issues London Stock Exchange shares moved 3.5 per cent lower today after the bourse warned investors it expected growth to be weaker in the final quarter of 2021.
I am always looking for shares to buy for my portfolio. While many companies look overvalued to me at present, I think a handful of stocks in the FTSE 250 seem appealing, compared to their growth prospects. Here are five stocks in the index that I would acquire for my portfolio today.
Shares in SmartSpace Software (LSE: SMRT) are down by 18%, at the time of writing. The stock crashed after the company warned that sales this year are likely to be lower than previously expected. The group’s share price has now fallen by more than 50% from its June highs and is 15% lower than it was a year ago.
The London Stock Exchange Group has said it is on track to make savings from its 27 billion dollar (£19.6 billion) acquisition of data provider Refinitiv. The company said it would reach synergies of £125 million this year as it combined the two businesses, allowing it to cut costs.
Stock Market Analysis Today – Oxford Nanopore surges 45% in rare London biotech listing A COVID-19 self-test kit is seen before being used by a teacher in Milton Keynes, Britain, January 28, 2021. REUTERS/Andrew Boyers Sept 30 (Reuters) – Oxford Nanopore Technologies (ONT.L) soared 45% in its market debut on Thursday, marking London’s biggest biotech listing in recent years and valuing the firm at almost 5 billion pounds ($6.84 billion).
I am always looking for new penny stocks to add to my portfolio. These smaller businesses can be great growth opportunities. However, they might not be suitable for all investors. Smaller businesses tend to be riskier than their larger peers. As such, penny stocks can produce large profits for investors, but they can also incur significant losses.
Bearish: Christopher Ruane With an 86% rise in ITM Power (LSE: ITM) shares over the past year, the company clearly has a lot of bulls. Indeed, since the beginning of last year, the shares are close to being six baggers. That sort of investment return is the stuff of dreams.
Last year was a good one for the e-commerce ecosystem. During lockdowns, we ordered in like never before. Considering how long the pandemic lasted, it turned out to be an unexpected boom for the industry. Among the gainers from this trends were food delivery companies like Just Eat Takeaway (LSE: JET) and Deliveroo (LSE: ROO).
Just because a share trades in pennies not pounds doesn’t necessarily mean the company isn’t attractive. One UK penny share I have been considering for my portfolio has a strong record of dividend growth. I also think it could keep increasing its payout. Below I look at the share in more detail.
ASOS (LSE:ASC) has been in the news a lot recently, following the latest results along with news regarding the CEO. ASOS shares are down 31% over the past three months, which has compounded the 12-month return. Over the past year, shares are now down 46%.
Gaming and software stock Playtech has jumped 54% in the last week. This comes after recent news that the company is set to be acquired by Australian gambling machine manufacturer Aristocrat Leisure for £2.7bn. Playtech specialises in designing games and software for casinos and betting websites. Although Playtech cannot be classified as a pure game developer, it operates in a comparable space and the UK market has some excellent picks in here too.