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Barclays (LSE: BARC) shares made a habit of outpacing the FTSE 100 last year, and they’ve just done it again.
Over the last 12 months, the Barclays share price has skyrocketed 111%. Only British Airways owner IAG has done better.
At some point, the momentum has to stall. But not yet. The stock has jumped another 15% in the last month. The FTSE 100 has done well in that time, rising 5.45%. Yet Barclays delivered almost triple the return.
Can this winner continue to fly?
If an investor had put £10,000 in Barclays shares a month ago, they’d now have around £11,500. That’s a pretty solid return for a bank many had written off as a serial underperformer. So what’s been driving it?
February 2024 marked a turning point when CEO CS Venkatakrishnan launched an ambitious strategic overhaul, making the high-performing UK retail division the focal point of his growth…
