Housebuilding stocks are underpriced: these cheap FTSE 250 shares are my top picks

first_imgHousebuilding stocks are underpriced: these cheap FTSE 250 shares are my top picks “This Stock Could Be Like Buying Amazon in 1997” See all posts by Stuart Blair Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Stuart Blair owns shares in Vistry Group and Bellway. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Stuart Blair | Tuesday, 12th May, 2020 | More on: BWY VTY Our 6 ‘Best Buys Now’ Shares Housebuilding stocks have been significantly affected due to the coronavirus pandemic. This has led to building sites being shut down, dividends being cut, and estate agents closed. Nevertheless, with the construction sector restarting over the past couple of weeks, I believe housebuilding stocks now look drastically underpriced. This is despite housing demand remaining strong and large numbers of first-time buyers searching for cheap options.Even so, with some estimates predicting a 37% fall in housing sales for this year, the housing sector is still on perilous ground. This means that not all housebuilding stocks will recover as fully as others. For this reason, it is important to be discerning when choosing the best housebuilders.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I believe that these two FTSE 250 companies are in the best position for the recovery.A five-star housebuilding stockThe first FTSE 250 company that stands out is Bellway (LSE: BWY). Bellway is the fourth largest housebuilding stock in the UK and has consistently received excellent consumer satisfaction. In fact, over 90% of its customers state that they would recommend it to a friend. This has resulted in a strong order book of approximately c.£1.6 billion. Consequently, the housebuilder is in an excellent position once housing sales start to increase again.Bellway also has a flawless balance sheet, which includes more cash than debt. This will ensure that Bellway is in a strong position to deal with the impacts of coronavirus and will be able to spend cash where necessary.A housebuilder with significant insider buyingAnother FTSE 250 housebuilder that is especially appealing is Vistry Group (LSE: VTY). Vistry (previously Bovis Homes) has been the worst affected housebuilding stock over the past couple of months, with a c.45% year-to-date drop.Although this may be worrying, this underperformance may be due to the acquisition of Linden Homes for c.£1.1 billion just before the crisis. This has led to worries over Vistry’s liquidity. Nevertheless, this acquisition has established Vistry as a leading housebuilder and this should result in benefits in the near future.One particular aspect that attracts me to Vistry stock is the amount of insider buying. Since the start of March, nearly 100,000 Vistry shares have been bought by seven different insiders. As Peter Lynch has said, “insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” This insider buying is a strong sign of faith in the recent acquisition and the future of the company.The FTSE 250 housebuilder has also noted that traffic to its website has remained strong throughout the pandemic and this is “an indication of the continued underlying demand”. The recent £58 million deal to build 200 homes in Exeter is an example of the demand that still exists and how Vistry ought to profit from it.To conclude, I believe that these two cheap FTSE 250 housebuilding stocks offer excellent value and significant potential for the future. Whilst I can also see significant potential in other housebuilding stocks (such as Taylor Wimpey and Persimmon), I think that Bellway and Vistry are the two housebuilding stocks best placed for the recovery. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

Journalist murdered in troubled southwestern province

first_img News Pakistani supreme court acquits main suspect in Daniel Pearl murder to go further Help by sharing this information October 1, 2012 – Updated on January 20, 2016 Journalist murdered in troubled southwestern province Receive email alerts PakistanAsia – Pacific Pakistani TV anchor censored after denouncing violence against journalists Follow the news on Pakistan April 21, 2021 Find out more Newscenter_img Organisation June 2, 2021 Find out more PakistanAsia – Pacific January 28, 2021 Find out more Reporters Without Borders appeals again to the Pakistani authorities to protect journalists after Abdul Haq Baluch, a reporter for ARY News TV and two newspapers, the Daily Awan and Tawar, was gunned down on 29 September in Khuzdar, in the southwestern province of Balochistan.Offering its heartfelt condolences to Baluch’s family, friends and colleagues, Reporters Without Borders said: “We call for an investigation to shed light on the motives of this murder and to ensure that those responsible do not go unpunished. The possibility that it was linked to the victim’s work must be considered.” The press freedom organization added: “The Pakistani authorities must guarantee security throughout the country and in Balochistan in particular, so that journalists can work without putting their lives in danger.”Baluch was shot by two unidentified gunmen as he was going to the Khuzdar Press Club and died soon afterwards from the injuries he sustained in the attack.“Abdul Haq Baluch is another victim of overall situation prevailing in Balochistan,” former Khuzdar Press Club president Riaz Mengal told Reporters Without Borders, adding that Baluch had not reported getting any threats.Pakistan is ranked 151st out of 179 countries in the 2011-2012 Reporters Without Borders press freedom index. News Pakistani journalist critical of the military wounded by gunfire RSF_en Newslast_img read more

Trump says US coronavirus spread ‘not inevitable,’ mulls new travel bans

first_imgCommunity spread means spread of an illness for which the source of the infection is unknown.US President Donald Trump gestures as he speaks during a news conference on the COVID-19 outbreak at the White House on February 26, 2020. US President Donald Trump on Wednesday defended his administration’s response to the novel coronavirus, lashing the media for spreading panic as he conducts an evening news conference on the epidemic. (AFP/CABALLERO-REYNOLDS)More travel restrictions? Foreign nationals traveling from China within the past two weeks are currently banned from entering the US, and Trump said more countries, including South Korea and Italy where the disease has rapidly spread, could also be added to the list.”At the right time we may do it, right now it’s not the right time,” he said in response to a reporter’s question. “Italy is, you know, a deeper problem, and we’re checking people coming in very, very strongly from those and at some point we may cut that off,” he later added.On Wednesday night the State Department raised its travel advisory caution level for South Korea to the second-highest, now urging Americans to reconsider traveling there.The president added that Vice President Mike Pence had been assigned to lead the charge in coordinating the government’s response and reporting back to him, taking over the role from health secretary Alex Azar. Vice President Mike Pence speaks at the news conference with members of the coronavirus task force, including, U.S. President Donald Trump, Homeland Security Deputy Secretary Ken Cuccinelli, acting Transportation Under Secretary Joel Szabat, Deputy Secretary of State Stephen Biegun, National Institute for Allergy and Infectious Diseases Director Anthony Fauci, U.S. Health and Human Services Secretary Alex Azar, and Centers for Disease Control and Prevention Director Robert Redfield, in the Brady Press Briefing Room at the White House February 26, 2020 in Washington, DC. (AFP/Tasos Katopodis/Getty Images)Extra funding Trump’s briefing came after US lawmakers accused the administration of downplaying the crisis and underfunding the response.On Monday, the White House asked Congress to make at least $2.5 billion available for preparedness and response, including developing treatments and vaccines and buying equipment for a strategic national stockpile.Senate Democratic leader Chuck Schumer said the figure was “too little and too late,” proposing instead $8.5 billion. Trump later told reporters he would be happy to accept more money.Trump also took to Twitter earlier in the day to insist his administration is “doing a GREAT job,” blaming the media Wednesday for trying to stoke fear in a tweet in which he spelled the name of the virus incorrectly.”Low Ratings Fake News MSDNC (Comcast) & @CNN are doing everything possible to make the Caronavirus look as bad as possible, including panicking markets, if possible,” he tweeted, using a derogatory name for cable news network MSNBC that suggests it is connected to the Democratic National CommitteeWall Street stocks finished mostly lower Wednesday, stabilizing somewhat after a two-session rout amid growing worries over the economic impact of the coronavirus epidemic.With cases being reported in more countries — and lockdowns in nations including Austria, Italy and Spain — traders are worried about the impact on the global economy.In the US, officials have voiced fears for the supply of medical products because a high proportion of ingredients used to make medicine comes from China.The Food and Drug Administration has also identified personal protective equipment, such as face masks, respirators and gowns, as being among products at risk of shortages. Topics : The Centers for Disease Control and Prevention urged Americans Tuesday to be prepared to cancel mass gatherings and urged schools and businesses to develop teleworking plans, amid dire warnings that countries are not ready to contain an outbreak that has infected 80,000 people, mostly in China.”It’s not so much a question of if this will happen anymore, but rather more a question of exactly when this will happen,” said the CDC’s Nancy Messonnier. As of Wednesday, there were 60 cases in the United States — 15 detected through the public health system, and 45 repatriated from abroad, either from a cruise ship off Japan or from Wuhan, the Chinese city where the first cases were identified.The CDC later said the latest case caught in California “did not have relevant travel history or exposure to another known patient” — meaning it could represent the first instance of “community spread” in the US, though this was not yet confirmed.center_img President Donald Trump on Wednesday said it was not inevitable that the novel coronavirus would continue to spread in the United States, as he said he is considering travel restrictions on Italy and South Korea and appointed his vice president to lead the response.His optimism about containing the pathogen contradicted a senior health official in his own administration and came as authorities said they had identified the first case in the US that was of unknown origin.”I don’t think it’s inevitable. I think that there’s a chance that it could get worse, a chance it could get fairly substantially worse, but nothing’s inevitable,” Trump told reporters at the White House.last_img read more

Badgers set to defend title at adidas Invitational

first_imgHoping to defend its 2011 title at the Adidas Invitational, the top-ranked UW men’s cross country team is preparing for the match both mentally and physically.The Badgers will host the invitational at the Zimmerman Championship Course near the University Ridge Golf Course with the men’s 8k race starting at 12:45 p.m on Friday. The race will include 46 teams from around the country and five other top 10 teams.Head coach Mick Byrne said the team is going to have its hands full with No. 4 Oklahoma in addition to several other highly-regarded teams. This meet aims to kick things up a notch for the Badgers.Thus far, the team has had three meets in September, placing first in all three. Although the Badgers won a national championship last year and are off to an impressive start this year, they aren’t letting their success supersede them. Now that September is over, the season is completely different as the team moves to a national stage and the championship chase begins.“We are very excited about the fact that September is now past,” Byrne said. “The meets gave us an opportunity to evaluate some of our younger athletes.”One of the runners he will be evaluating is junior Alex Brill, who won the Badger Open in early September and earned a spot in Sports Illustrated’s “Faces in the Crowd.” Byrne is looking for Brill to step up Friday and said the Badgers are going to need him this year if they want to get back on the podium at the national championships.Brill can do what many other experienced, prominent athletes do and lead the younger runners by showing them how to prepare mentally for meets. Preparing mentally is not something the coaches discuss daily, so it’s something the younger runners must learn from more experienced teammates.Entering the meet Friday, Byrne said mental preparation is what the Badgers are keying in on if they want to pull the same results as they have been so far this season.“In terms of what we’re looking to do for the rest of the season, it’s just the meet on Oct. 12,” Byrne said. “Monday morning we’re going to wake up and still continue with our training plan and the same path as we have for the last couple of years, [regardless] of what happens on Friday.”So far this season, seniors Mohammed Ahmed, Reed Connor and Maverick Darling have yet to race. According to Byrne, Ahmed is training every day and now that the team has stepped up the intensity of workouts, the deciding factor in if he races or not is how he recovers from the tougher workouts. Byrne explained how Ahmed made it through September healthy and once he is ready to go physically and mentally, he will race. At the Adidas Invitational, however, he will not be running.While there is no certainty about when Ahmed will start racing, Byrne mentioned his star runner has made notable progress.“What happens over the next couple of weeks depends on how Mohammed responds to workouts,” Byrne said. “At this stage, he looks really good. He got a good workout at Zimmer last week.”As of now, Darling is scheduled to race, but the Badgers haven’t decided if Connor will be running yet. Both athletes want to race, but the coaching staff hasn’t determined the roster yet.Featuring 19 of the 30 teams ranked in the most recent coaches’ poll, the adidas Invitational is one of the biggest collegiate races of the season because of the noteworthy competition and the quality of athletes attending the meet. There is representation from across the country, so Byrne stressed that this meet will be worth attending.“We will see a lot of great teams this weekend and we will know about what is going on around the country,” Byrne said. “There are three or four teams not coming to the meet, and they’re going down to Louisville to the pre-national meet. I think after this weekend we will have a clear picture of what’s going on around the country, the whole national scene.”last_img read more