UK stocks are hitting all-time highs, with value shares like JD Sports Fashion and GSK worth buying.

From The Motley Fool: 2024-05-23 03:00:00

UK stocks like the FTSE 100 are at all-time highs, but there are still value shares worth buying. The index trades at a discount compared to global equities. Investors are eyeing bargains like JD Sports Fashion and GSK, hoping for long-term growth despite recent market fluctuations.

JD Sports Fashion saw a share price drop due to a profit warning, making it a potential value buy with hope for future recovery. On the other hand, GSK offers a steady dividend yield and positive drugs trials, making it an attractive investment at its current discounted price.

Both companies carry risks, like JD Sports’ dependence on big brands and GSK’s need to replace older treatments with new successful ones. However, with careful consideration and focus on long-term growth, these value stocks could pay off for investors looking to capitalize on undervalued opportunities.



Read more at The Motley Fool: UK stocks are hitting all-time highs! Yet these 2 still look cheap to me