CNA, SHEL, STAN- 3 FTSE 100 value stocks to watch out for in August

July 29, 2022 01:58 PM BST | By Rishika Raina
Follow us on Google News:

Highlights

  • Investor sentiment in the UK is expected to improve soon owing to some recent positive data.
  • Oil prices, war material costs, and mortgage rates have started to fall.
  • Inflation has been rising and value stocks are considered as a good investment option during such times.

2022 has been a troublesome year for UK investors so far. Inflation levels in the country have been climbing sharply, recently hitting a new 40-year high level of 9.4% in June. To counter the impact of soaring inflation, the Bank of England has been going for interest rate hikes, but this stance of monetary policy tightening has nudged the country towards a slowdown.

Apart from inflation, other reasons that have created a negative sentiment in the market include the Chinese manufacturing slowdown, labour shortages across industries post Brexit, and the tragic Russia-Ukraine crisis which has not only shaken Europe but the entire world.                                                                                  

                                                       ©2022 Kalkine Media®

However, owing to some recent positive data, the investor sentiment may improve soon. Oil prices have already started to drop, raw materials and other commodities are also following the downward trend, and even mortgage rates are beginning to fall.

As the economy recovers, stock market will follow suit. Investors can perhaps keep an eye on certain value stocks having a good rebound potential. Value stocks are basically cheap stocks which are trading below their real worth and typically have a low P/E ratio. 

Here are 3 FTSE 100 value stocks that UK investors may consider buying in August.

Centrica plc (LON: CNA)

The shares of Centrica plc was witnessign a dip by 2.30% at 1:30 PM (GMT+1) on Friday and were trading at GBX 86.90. Centrica has reported an adjusted operating profit of £1,342m for H1 2022 on Thursday. The FTSE 100 firm has a P/E ratio of 8.66 and a positive EPS of 0.21. 

Shell plc (LON: SHEL)

The shares of the British oil and gas giant, Shell plc, surged by 0.59% at 1:34 PM (GMT+1) on Friday and were trading at GBX 2,136.50.  Shell has reported cash flows worth $18.7bn from operating activities for Q2 2022 on Thursday. The FTSE 100 firm has a P/E ratio of 8.78 and a positive EPS of 2.59. 

Standard Chartered plc (LON: STAN)

The shares of the British banking and financial services firm, Standard Chartered plc, were rallying by 0.32% at 1:40 PM (GMT+1) on Friday and were trading at GBX 568.60. Standard Chartered has today reported an income hike of 8% in H1 2022, reaching $8.2bn. The FTSE 100 firm has a P/E ratio of 11.11 and a positive EPS of 0.61. It has provided its investors returns of 26.67% and 37.54% on YTD basis. 

 

Source: https://www.fool.co.uk/2022/07/25/7-uk-shares-id-buy-now-to-capitalise-on-the-stock-market-recovery/


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.