The FTSE 250 continues to surge as interest in UK stocks more generally improves. This week, it barged through the 21,000-point marker for the first time, taking gains so far in 2024 to 8%.
The index is benefitting from improving economic news — along with signs of more political stability — in Britain. This is critical, as FTSE 250 shares make up to 60% of their earnings from within these shores.
However, better trading conditions are only half the story. Demand for value shares is also picking up across the globe. And the FTSE 250’s packed with brilliant bargains following years of underperformance.
Right now, these are two of my favourites. City analysts expect their share prices to soar during the next 12 months, as I’ll explain.
The Renewables Infrastructure Group
Higher interest rates have been created problems for utilities stocks like The Renewables Infrastructure Group (LSE:TRIG). So has a combination of mild weather and…
