Image source: Getty Images The Drax Group (LSE:DRX) share price was sharply lower today (28 August) after news emerged that it was being investigated for possible breaches of the UK’s Listing Rules and Disclosure Guidance and Transparency Rules. By early afternoon, its shares were down 8%. At one point during the morning, they had been 10.9% lower. Drax describes itself as a “renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses“. It’s the largest renewable electricity generator in the UK and supplies 5% of the country’s energy needs.…
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Image source: Getty Images It may be one of the UK’s best known-banks, but Lloyds (LSE: LLOY) has seen its shares sell for pennies for a long time. That has been the case for 17 years. The Lloyds share price fell below £1 during the financial crisis in 2008 – and never regained its former heights. Still, after a 41% increase over the past year, the share clearly has strong positive momentum. Could it keep going and hit £1? What moves bank shares As a general rule, bank shares tend to do well when the bank is performing strongly and…
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Image source: Getty Images A Stocks and Shares ISA is one of the smartest ways I know to build long-term wealth. It doesn’t come with upfront tax relief like a pension, but every bit of growth and dividend income is free from HMRC’s reach, which is a powerful advantage. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for…
About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup News Service, Gracenote… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and…
Image source: Getty Images Rolls-Royce shares have absolutely crushed the FTSE 100 over the past five years. They’ve rocketed 1,165% versus around an 80% return for the blue-chip index (including dividends). Yet, the current broker share target of 1,222p suggests a further 16% may be on the cards in the next 12 months. So the stock may still be worth researching further, despite a tendency for analysts to either underestimate or overestimate individual stock prices. Here, though, I want to look at a pair of FTSE 100 shares that currently have far higher price targets. easyJet First up is easyJet…
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Image source: Getty Images. A few years ago, I looked into Palantir (NASDAQ: PLTR). There was some buzz about the company’s tremendous potential, but I did not decide to buy Palantir stock. Over five years, it has soared 1,576%. So my decision not to invest means I missed out on some potentially incredible gains. But, unlike some missed opportunities, I do not regret it. For one thing, the current valuation of Palantir stock looks ridiculous to me. It is trading on a price-to-earnings (P/E) ratio of 513. Yes, 513! But there is another reason I do not regret my decision…
Image source: Rolls-Royce plc When it comes to soaring sky high, aeronautical engineer Rolls-Royce (LSE: RR) knows a thing or two. That has been the case with the Rolls-Royce share price in recent years, too. This month has seen it hit a new all-time high. Over the past five years, the Rolls-Royce share price has soared 1,175%. For a FTSE 100 share (or indeed any share), that is a phenomenal performance. But I do not own the share. Could it be worth me adding it to my portfolio now in the hope that there is more fuel left in the…
Image source: Getty Images Investors long argued about whether Netflix (NASDAQ: NFLX) had a viable business model. Pouring vast sums into making shows while many users watched for free due to shared passwords did not necessarily sound like a brilliant way to make money. Last year, though, Netflix’s net income soared to a record $8.7bn. The Netflix stock price is up 76% over the past year alone. Is it now overvalued? I am not so sure: I see an argument for the stock price run to keep going. But, for now at least, the price does not sit easily with…