FTSE 250: I’d put £1,000 in these 2 bargain buys now for my ISA

first_img Enter Your Email Address 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. Manika Premsingh owns shares of National Express Group. 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. 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. FTSE 250: I’d put £1,000 in these 2 bargain buys now for my ISA “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Manika Premsingh | Monday, 27th July, 2020 | More on: BWY NEX center_img 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. Even though the FTSE 250 index has made smart gains since the stock market crash, some of its constituent stocks are still bargain buys. Two examples include the property developer Bellway (LSE: BWY) and the coach operator National Express (LSE: NEX). Both companies have suffered because of the lockdown-recession combination and continue to reel under its pressure. But for the patient investor, these can be good investments for a Stocks and Shares ISA. FTSE 250 bargain buyWhile large parts of the UK economy stayed firmly in lockdown mode in May, construction activity re-started. As a result, the construction sector GDP bounced back with a growth of 8.2%. Even though it hasn’t made up for the sharp fall in April of over 40%, the return to health has begun. This is good news for real estate construction companies like Bellway, whose share price is far from recovering fully from the stock market collapse. 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…In its trading update released in June, BWY confirmed that construction had restarted at its sites and that its order book is strong. It also pointed to its balance sheet strength and its eligibility for the government’s Covid-19 financing scheme for companies, which it hadn’t drawn on till then. But its share price hasn’t picked up very much since. In fact, its price-to-earnings (P/E) is a small 6.2 times, making it a FTSE 250 bargain buy. Falling share price overlooks long-term valueNational Express is another stock I like, whose share price has hit even harder times. Its share price has fallen drastically by 27% in July from last month. It’s now 62% below the pre-market crash highs. After gaining strength following its brief trading update in May, the share price started slumping when its CEO, Dean Finch, stepped down to join the FTSE 100 real estate developer, Persimmon. The share price hasn’t recovered since; in fact, it’s still falling.I understand investor unease as the CEO exits, especially at a bad time for the company, but I reckon that NEX still has much going for it. As it pointed out in its May update, despite a fall in revenue the company was still profitable in April because of cost reductions. It had ample liquidity and with lockdowns being withdrawn in foreign markets, the blow to its operations may well have been tempered. Moreover, with the continued fall in share price, its P/E is a low 5.4 times, making it another FTSE 250 bargain buy for me.The take awayIt’s likely that both BWY and NEX will take some time to get their groove back. The economy has only just opened up and is still quite weak. But given their past credentials, it’s most likely that both these FTSE 250 stocks will not just survive the current recession but also start thriving again as the overall situation looks up.  Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images See all posts by Manika Premsinghlast_img read more

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