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It’s been a bumpy start to the year for stock markets this means that plenty of FTSE 100 shares now look great value. I’d like to pop these three world-class stocks into my Stocks and Shares ISA before the market finally rallies.
Luxury fashion business Burberry Group (LSE: BRBY) is high on my shopping list. For years, this premium brand traded at a premium price, with a typical price-to-earnings ratio of around 25 times. It benefitted from the Chinese middle class consumer boom, but China is struggling right now, and so is Burberry. Markets didn’t appreciate this month’s profit warning, which suggested a 27% drop in adjusted operating profits to between £410m and £460m.
High fashion, low price
Burberry’s shares have crashed 43.96% in 12 months and now trade at just 10.39 times earnings. The yield has climbed to 3.32% too.
The stock got a lift from recent news that Beijing is lining up a…
