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Barratt Developments is another large-cap housebuilder reporting that things are improving after a nasty patch triggered by global factors (higher interest rates and inflation) and worsened by the UK mini-budget. The housing sector is clearly now recovering from a sharp downturn: this value stock’s shares have had a very strong rebound since last autumn, with the current share price standing at 503p.
Providing house prices don’t fall sharply — which looks to be receding as a risk, especially with government schemes in place to prevent this from happening — if Barratt continues to deliver and macros don’t change significantly (which is possible), I don’t see why this stock can’t continue its bullish momentum.
Do beverage stocks offer a fair value price?
Beverage producer stocks have long been favourites with investors such as the likes of Warren Buffett.
Coca-Cola HBC AG (LSE: CCH) is one of these beverage companies Warren Buffet holds close to his heart. I’m not surprised as to why he does.
Coca-Cola HBC AG has the rights to manufacture and sell Coca-Cola product, which stretches from Ireland to Russia and from the Arctic Circle to Nigeria. Its territory spans nearly 30 countries across Europe, Asia, and Africa.
It’s not a very exciting company, but what Coca-Cola HBC AG does do is offer a safe and reliable stock during times of uncertainty such as our current macro-economic climate. These numbers say it all really:
- Dividends to rise by 4.62% in 2023 and 11.2% in 2024;
- Estimated net profit of €637m in 2023 and €717m in 2024.
With the share price currently sitting at 2,554p — though some price pullbacks may take place — I think with more momentum, this quality stock will continue to soar higher over the long run.
Should I buy this fashion stock in 2023?
One year ago, fashion group Burberry was trading at 52-week lows of around 1,600p. The shares have risen by 60% since then and are now nudging 2,600p.
Burberry is a high-quality FTSE 100 company that was never really in any danger of even reporting a loss. Let’s look at the numbers:
- Estimated EPS share grown in 2023 +30.9% and +8.72% in 2024;
- Estimated dividend growth of +19.3% in 2023 and +11.5% in 2024.
With net profits beating prior years annually, this company continues to outperform other peers in its sector.
Now, while I do agree with these companies being good potential investments and at good value, there are plenty of macros in place to suggest further downside in the stock market. I’ve done my due diligence to find stocks that I believe will be less affected by macro and geopolitical events, and would buy these in June with spare cash.
