![]() The stocks are listed on the NYSE with a huge market valuation of almost $100 billion at the time of writing.įast forward five years and the stocks are worth over $340 – representing a growth rate of 56%.įirstly, Lockheed Martin is a dividend payer, with the US-based firm currently offering a trialing yield of just over 3%. If you’re unfamiliar with Lockheed Martin, this company is involved in aerospace defense, security, and arms. Recovery has been somewhat modest, with BP stocks trading at over 270p at the time of writing – an increase of 43% from 12 months prior. In terms of the stocks, BP went from 580p to 188p in March 2020 – a decline of over 60% in a matter of weeks. Naturally, the outcome of this was major oil stocks like BP seeing huge share price losses. In turn, this resulted in the price of oil hitting lows of just under $20 per barrel. This was because the demand for oil in Q2 2020 was virtually non-existent. In a similar nature to the airline arena, oil shares took a major beating in the midst of the pandemic last year. Again, the context here is that 2020’s figures were driven by many people being stuck at home, which led to more time in front of the TV. Online viewing has also increased by 39% – although total viewing was down by 5% compared to last year. ITV’s executives noted in the trading update that they expect 2021 to be the year in the company’s history in terms of advertising, with all metrics improving on 2020’s and 2019’s figures. Broadcasting companies seem to have been left behind in the wake of streaming services such as Netflix and Amazon Prime – yet ITV’s recent earnings report says different.Īccording to their trading update, total external revenue was up 28% to $2.28bn in the nine months to September 30 th 2021, with total advertising revenue also up by 30%. ITV is the second-largest broadcasting company in the UK behind the BBC and generates most of its revenue from advertising. ![]() On the one hand, that’s a recovery of over 120% in just under 12 months – which is certainly favourable for those that bought the stocks during the drip. Since then, EasyJet stocks have recovered, as at a February 2021 price of just under 900p. Like the rest of the airline industry – EasyJet shares took a parabolic turn for the worst in March 2020 – with the shares hitting 52-week lows of just 410p. For example, the stocks went from 887p to 1,500p between August 2019 and February 2020. This is especially the case when you consider the number of COVID-19 vaccines currently in circulation.īefore the pandemic came to fruition, this budget airline was actually enjoying a period of success on the London Stock Exchange. Sure, the wider airline industry is currently in dire straights – with no sure-fire way of knowing when global passenger numbers will return to pre-pandemic levels.īut, what we can be certain of is that this is a matter of when, as opposed to if. We actually discussed EasyJet in our recent article on the airline stocks to buy. ![]() Like all of the cheap UK stocks discussed on this page, you can buy shares in Paypoint. However, Paypoint stocks still have a long way to get back to pre-pandemic levels. There has been a slight recovery since, with the shares priced at 580p as of February 2021. Just a few weeks later, the very same stocks were priced at just 389p. So, towards the end of February 2020, Paypoint stocks were flying high at 965p per share. In turn, this has a direct impact on its stock price. After all, with most of its retail locations still shut for business, revenues have taken a major hit. It goes without saying that the extended lockdown phase in the UK has been disastrous for Paypoint. Naturally, Paypoint makes its money when merchants use its technology to process payments. Think along the lines of supermarkets, convenience shops, petrol stations, and malls. Paypointįor those unaware, the company is behind the payment technology found across thousands of UK retail locations. Looking out for market overreactions that caused sharp plummets in stock prices is also a way to look for cheap stocksĭon’t have time to read through our analysis in full? Scroll down to read our findings on each cheap stock.Īfter all, some stocks- namely those from within the tech sector (NASDAQ), saw double-digit losses in the space of 1-month, only to then see their share prices go on a prolonged upward trajectory.One of the ways to identify cheap stocks is by analysing the price-to-earnings (P/E) ratio of stocks to discover whether they’re undervalued.Some popular cheap stocks include PayPoint, EasyJet, ITV and BP.
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