Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Stock Market»Are February’s 3 fastest falling blue-chips the best shares to buy in March?
    Stock Market

    Are February’s 3 fastest falling blue-chips the best shares to buy in March?

    FintechFetchBy FintechFetchFebruary 28, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Image source: Getty Images

    When looking for the best shares to buy, I paradoxically find myself looking at the worst performers.

    Picking stocks that have fallen out of favour can sometimes yield bargains. Sometimes not. Three FTSE 100 stocks have taken a beating in February. Are they worth considering next month?

    Annoyingly, I own two of them. The first is spirits giant Diageo (LSE: DGE), which fell another 14.5% in February, the worst showing on the blue-chip index. Having averaged down before, I’m wary.

    Diageo shares are falling again

    The spirits giant has been struggling for a while. Its shares are down 30% over one year and 40% over two.

    They’re now the cheapest I’ve seen, with a price-to-earnings (P/E) ratio of 15.5. The usually low yield is now nudging 3.7%. Yet investors have been reluctant to take advantage, as Diageo battles falling demand in key markets, stock inventory issues and Trump tariffs, which menace its tequila and Canadian whisky portfolios.

    If I hadn’t thrown so much at the stock already, I’d be tempted. It does own Guinness after all. And maybe Gen Z will start drinking again, if the economy puts more money in their pockets. I’ll hold, but won’t buy.

    The WPP share price has also taken a hit

    Advertising giant WPP (LSE: WPP) has been struggling for years but matters got worse on 27 February when disappointing Q4 results hammered the stock. The WPP share price fell 13% over February and is down 10% over one year.

    The global downturn has hammered client spending. UK revenues fell 5.1% in Q4, while North American revenues slipped 1.4% and Chinese revenues crashed more than 20%.

    Headline operating profit did rise 2% to £1.71bn while free cash flow improved to £738m, but a downbeat 2025 outlook confirmed the gloom.

    Last time I looked at WPP, it had a hefty P/E of around 70. That’s suddenly below 13 times. The yield now stands at more than 6%. The board is also battling to streamline operations, and is investing heavily in AI to boost productivity.

    I’m tempted but won’t buy in March. I think the WPP recovery is still some way off.

    Glencore shares have inflicted more pain

    I don’t own WPP but do hold mining firm Glencore (LSE: GLEN). Which means I’m smarting from the 12% drop in its share price in February. It’s down almost 15% over 12 months.

    That’s mostly due to falling demand for commodities from struggling China. Yet China is picking up this year, and it hasn’t helped. Nor did reports that Glencore may shift its listing to New York.

    On 19 February, Glencore posted a 16% drop in adjusted 2024 earnings to $14.36bn. Revenue did rise 6% to $231bn, but adjusted operating profits still tumbled 33% to $7bn.

    I’ve heavily down on Glencore but won’t be bailing out. Natural resources is a cyclical sector and it should recover at some time. Plus the board planning $1.2bn in dividends and a further $1bn share buyback before 6 August.

    Net debt is a concern. That’s up from $4.9bn to $11.2bn, following significant capital spend and acquisitions. If I’m brave enough, I’ll buy more in March. I expect a bumpy ride.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Whales Buying The Dip: $1.28 Billion Added Below $90,000
    Next Article ‘Buy the Dip’ Interest Spikes, but Santiment Predicts More Pain Ahead
    FintechFetch
    • Website

    Related Posts

    Stock Market

    Prediction: this growth stock will outperform Nvidia, Tesla, and Rigetti over the next 2 years

    October 18, 2025
    Stock Market

    Up 5,000% in a year, is Nasdaq stock Rigetti (RGTI) a ticket to wealth?

    October 18, 2025
    Stock Market

    I asked ChatGPT what could save the Aston Martin share price

    October 17, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    With a 30% increase since the start of the year, does the Barclays share price still offer good value?

    July 18, 2025

    Your leadership playbook needs an AI update

    June 30, 2025

    How Entrepreneurship Can Disconnect You From Your Inner Self

    June 18, 2025

    On-Chain Data Signals This Bitcoin Bull Run Is Just Getting Started

    May 23, 2025

    How to Build Brand Loyalty Through Micro-Influencers

    April 20, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    These 3 high-yield dividend shares could benefit from falling UK interest rates

    September 26, 2025

    58 million pounds of corn dogs and sausages may contain something you really don’t want to eat: Full list of recalled products here

    September 29, 2025

    Crypto News Today, September 12 – Bitcoin Crosses $115K, SOL Price Surges To $238 And BNB Hits A New ATH: Best Crypto To Buy Now?

    September 12, 2025
    Our Picks

    Bitcoin Crashes To $105,000, Sentiment Sinks Into Extreme Fear

    October 18, 2025

    What Happens to Card Schemes in a World Dominated by Account-to-Account Payments?: By Christoffer Hernæs

    October 18, 2025

    Banking with MrBeast?

    October 18, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.