Friday was a gruesome day for UK shareholders, after the FTSE 100 index dived 3.6% on the day. Earlier in the week, the Footsie had pulled ahead by 1.2%, only to end the week 2.5% down. As a result of this mini-meltdown, the Footsie is now only 9% up in 2021. Meanwhile, the US S&P 500 index has shot up by 22.3% this calendar year.

FTSE 100: weekly winners and losers

Of course, few of the FTSE 100’s total of 101 stocks (one company is dual-listed) move exactly in line with the wider index. Indeed, several stocks made decent gains this week. For the record, a total of 21 Footsie shares rose over the past five trading days. These weekly gains ranged from a high of 6.1% to a mere 0.1%. The average rise  across all 21 winners was 2.4%.

At the other end of the scale lie the FTSE … Read more

I believe some of the names on my best stocks to buy list now are currently undervalued. The pandemic and market crash paved the way for many stocks to lose value. With the market stuttering today, there could be even more value opportunities around for my portfolio.

I believe some are still undervalued and there are some exciting opportunities to pick up cheap shares for the long term. Investing in undervalued stocks is not a new practise. In fact, legendary investor Warren Buffett is one of the most famous value investors of our time.

I have pinpointed three undervalued shares I would happily add to my portfolio at current levels.

FTSE 100 broadcaster

ITV (LSE:ITV) shares are trading for 110p as I write. A year ago shares were trading for 95p, which is a 15% return. At current levels, shares are trading at a price-to-earnings ratio of just 12, which … Read more

Making a million can sound like a daunting task. This is especially so when we are just starting out on our investing journey. Just the idea seems implausible. But it is not. It does require patience, discipline, and careful selection though. Let me give an example. If I could target an annual saving of £10,000, that would be a good place to start. Here is how I would go about making a million from it by investing in the stock markets. 

What is the annual target return for my investments?

First, I would consider an achievable return on my investments. This could be in the form of capital gains or dividends or both. My annual target goal would be a return of 10%. There are FTSE 100 stocks around today that offer this much just in dividend yield. Moreover, they are likely to give me capital gains as well. 

So, … Read more

We can all agree savings rates are terrible at the moment. But did you know that with a bit of imagination it’s possible to trump the rates offered on easy access accounts? What’s more, you don’t necessarily have to lock away cash.

Here’s everything you need to know to give your savings a much-needed boost (and potentially bag £50 cashback on top!).

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How bad are easy access savings rates?

Right now, the top-rated easy access savings account pays 0.7% AER variable, via Cynergy Bank. While this is a pittance in historic terms, savings rates have been in the doldrums for a fair few years. In fact, 0.7% compares relatively well with other rates on offer. For the majority of 2021, the highest savings rates have stood at a smidgen above 0.5%.

However, despite this, there’s no denying that 0.7% is still way less than the current rate of Read more

I’m expecting four UK stocks to feature prominently in the financial news over the coming week. All are connected with the same event scheduled for next Wednesday (1st of December).
 
The companies in question are FTSE 100 members Darktrace and Johnson Matthey, and FTSE 250 stocks Electrocomponents and Dechra Pharmaceuticals.
 
The event in question is the publication of the final quarterly FTSE UK Index Series review of 2021.

How it works

For those unfamiliar with these reviews, a FTSE 100 company can suffer the ignominy of being relegated from the UK’s top index.
 
This is determined by its ranking by market capitalisation (share price multiplied by number of shares in issue) at the review date. Typically, relegation is due to the company’s share price having fallen significantly since the last review.
 
Conversely, a high-flying FTSE 250 firm (or recently listed stock with a big enough market capitalisation) can … Read more