These 3 growth stocks still look dirt cheap despite the FTSE hitting all-time highs
From Yahoo Finance: 2024-04-28 11:30:00
Beazley, a FTSE 100 stock, is trading cheaply at 4.18 times trailing earnings, with shares up 17.06% in the last three months. The company’s profits rose 155% in 2023, and they recently approved a $325m share buyback program.
JD Sports Fashion saw a 20% share price drop but has since stabilized. With shares down 26.08% over 12 months, it presents a buying opportunity. Trading at 8.68 times earnings, JD Sports has potential for growth in the sports and fashion retail market.
Centrica, owner of British Gas, is currently trading at just 3.39 times earnings despite shares rising 19.75% over 12 months. With a 33% dividend hike and potential for a £1bn share buyback, the company is considered cheap by JP Morgan, making it an attractive investment option.
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