How many legs will the latest addition to Steve W’s family have? Find out on this week’s PlayingFTSE show!
This week, it’s a special UK-themed edition. We’ve got interest rate news from the Bank of England, and the good, the bad, and the ugly of FTSE-listed stocks.
While the Briscoe is away, the cat will play. Specifically Steve D’s new cat. He’s got himself an adorable new kitten and the to celebrate, he’s tanking the markets.
Well, with the help of the FED, anyway. Interest rates have gone up 0.75% to try and fend off inflationary pressure brought on by a list of things that YouTube hates us talking about but we like to list anyway. Should investors be worried by rate hikes? Should they be pleased about them? Should they even pay attention to them at all? The Steves share their views.
Then it’s onto some UK stocks. The Steves each have one they think is good, one they think is bad, and one they think is downright ugly. Brace yourselves, because some of them will be unpopular. But remember, this is just what we think. We absolutely might be missing something that you can see, in which case, we’ll be rooting for you.
Steve D’s good stock is Ocado. Unlike him to pick a retailer, but it’s got some legitimately impressive tech going on. Its warehouses are harnessing AI, robotics, and all kinds of good things and the business is coming along nicely, too. Steve W, on the other hand, has been looking at Games Workshop. The stock’s been way too high for his liking until lately, but he’s picked up a few shares and likes what he sees.
Over to the bad, next. Brace yourselves. For Steve D, it’s Hollywood Bowl. The strengths are pretty well documented by friend of the show TheBossHog (check out his channel below), but to the Steves it all just looks a bit… meh. Steve W has gone for a far more obvious pick with cigarette manufacturing company Imperial Brands. He’s unconvinced by its brands. As well as everything else to do with its business.
Lastly, it’s the ugly. Steve D has a homebuilder that has been failing to grow during a housing boom. And Steve W has an airline that’s failing to take off even with surging travel demand. Why don’t they like these stocks? Find out…
… only on this week’s PlayingFTSE show!
BossHog’s channel:
https://www.youtube.com/channel/UCW2TalEoppE_fuWUZPdhOIQ