Whether you are new to investing or a seasoned pro looking for fresh opportunities, the British stock market offers a myriad of options beyond the beloved Greggs. While Greggs has seen remarkable growth since its IPO in 1984, other stocks present enticing possibilities for future investments. Here are five alternative British-based stocks recommended by experts to diversify your portfolio and potentially yield higher returns:
AG Barr
- What it Does: AG Barr is a drinks company known for Irn Bru and the recently acquired Boost! product range.
- Analyst Insight: Stephen Wright suggests that AG Barr’s recent acquisition of Boost Holdings presents promising growth prospects. The company’s efforts to integrate this business point towards margin expansion in the future, making it a favorable investment choice over Greggs, which heavily relies on new store openings for growth.
Associated British Foods
- What it Does: Associated British Foods is a diversified group with interests in food, ingredients, and retail businesses.
- Analyst Insight: Andrew Mackie favors Associated British Foods over Greggs due to the former’s diversified business model. This resilience is seen in the growth of its revenue streams outside of the struggling high street, wherein the ingredients segment has shown upward trends while providing steady dividends over the years.
Barclays
- What it Does: Barclays is a prominent Tier 1 bank serving clients globally.
- Analyst Insight: James Beard recommends Barclays over Greggs for its robust international presence, which has boosted earnings significantly. The global demand for banking services offers greater growth potential compared to domestic-based businesses like Greggs, making Barclays an attractive option despite some volatility in banking stocks.
Coca Cola HBC
- What it Does: Coca Cola HBC is a bottling partner for Coca-Cola, operating in multiple markets.
- Analyst Insight: Ben McPoland views Coca Cola HBC as a strong contender against Greggs due to its diverse international presence that mitigates risks associated with UK-centric operations. The company’s solid organic sales growth indicates its resilience, positioning it for sustained success in the long term.
TP ICAP
- What it Does: TP ICAP is a global interdealer broker facilitating trades in financial markets.
- Analyst Insight: Mark Hartley highlights TP ICAP as a lucrative option for investors seeking exposure to financial markets. The company’s adaptability to changing industry dynamics and expansion into electronic services demonstrate its potential for growth, making it a strategic choice for investors looking beyond traditional stocks like Greggs.
In conclusion, diversifying your investment portfolio with alternative British-based stocks like AG Barr, Associated British Foods, Barclays, Coca Cola HBC, and TP ICAP can offer greater growth prospects and resilience in varying market conditions. Consider these recommendations from experts to make informed decisions and maximize your investment returns.
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