The UK100 us up 3% this month, but not all its shares have performed that well. Today we take a look at five sliding stocks, the worst performers in the FSTE in the last month.
As you can see, the FTSE 100’s worst performer over the past month is online supermarket Ocado. Its shares have slid more than a 20% in a month. Ocado was having an awesome year, 95% up, and over 700% in 5 years, making it the FTSE’s long term winner.
The 2nd worst UK100 stock over the past month is Just Eat Takeaway (JET). This food-delivery firm is dived by more than 17%, they are up 2% over the past 12 months. JET is a fast-growing company, booming in the pandemic and popular with growth investors. But it keeps making large losses as it scales up. Hence, as a value investor, JET is one to be wary of and will behave in the same way as the big tech stocks.
I’d buy these two value stocks
Third on the list is global pharma giant GlaxoSmithKline (GSK). The GSK share price has declined by more than a 10% in a month. It’s also been one of the UK100’s worst performers In the last year. At the current share price of 1,206p, GSK has a price-to-earnings ratio of 10.6 and an earnings yield of 9.5%. At over 6.6%, GSK’s yearly dividend yield is more than double that of the wider Footsie. These fundamentals look cheap to me, so I will keep buying more GSK stock. 2nd,
I also like the look of consumer goods giant Unilever, which worldwide. Every day, more than 2.5 billion people use Unilever products. That’s almost a third of the global population. Yet the Unilever share price is down a over 10% in the month. At the current share price of 3,805p, Unilever trades on a price-to-earnings ratio of 21% and an earnings of 4.8%. The dividend yield of 3.9% is useful and, if you’re an income investor, you should welcome it into your portfolio. So, Unilever is the second stock I’d buy from these five UK100 stocks.
In summary, if you’re a UK100 value investor and income seeker, don’t be put off by falling stock prices!