Could the UK stock market be about to soar?

From Yahoo Finance UK: 2024-04-04 06:34:12

Last year, the FTSE 100 hit an all-time high and is now close to hitting record territory, passing the 8,000 level. There are speculations of a potential boom or a market crash due to frothy valuations.

The stock market operates in cycles, going up and down over time, with no guaranteed return to previous levels. High index levels raise concerns about stretched valuations compared to long-term values of shares like Shell.

Despite potential energy earnings volatility, Shell shares appear attractively priced. While the market may continue to rise, careful selection of undervalued shares could be beneficial for investors seeking bargains. Investing based on individual valuation rather than index performance may prove fruitful.



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