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I think there are some great opportunities in UK shares at the moment. In both the FTSE 100 and the FTSE 250, I can see stocks I’d like to buy.
I’m not about to buy either index as a whole, though. And the reason is that both contain shares that I really don’t like the look of.
Taylor Wimpey
I’ve nothing against Taylor Wimpey (LSE:TW) as a business. If I were going to buy shares in a UK housebuilder, its relatively stable dividend means it’s probably the one I’d go for.
Despite this, I’ve no interest in the stock right now. Along with a number of its peers in the industry, the company is being investigated by the Competition and Markets Authority.
The focus of the inquiry is potential collusion among UK housebuilders. And I’ve no idea what might turn up or what the implications of this will be.
A look at Lloyds shares over the last week or so should…
