It has been a good year for those who like a large slice of their Isas and pensions to be invested in the UK stock market.
The FTSE 100, an index comprising the largest businesses listed in the UK, is up 8 per cent – and while one swallow doesn’t make a summer, the portents are looking good.
But which are the UK stocks that still look undervalued and could deliver good returns to investors. Jeff Prestridge takes a look at the UK’s own ‘Magnificent Seven’.
The US stocks dubbed the Magnificent Seven have surged in value – but a UK selection of top stocks could also deliver
The UK economy is in modest growth mode (even the doom mongers at the International Monetary Fund are predicting 0.7 per cent economic growth this year) while inflation (2.3 per cent) is edging closer to the 2 per cent target set for the Bank of England by the Government. Interest rate cuts are also on the horizon although the outcome of the July 4 General…
