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I FTSE 100 it’s currently 6% off February’s record high, which means now is a good time to seek profit sharing. UK blue-chip stocks are already looking cheap. March’s decline provides more value for investors to sink their teeth into.
With the ongoing conflict in the Middle East, more instability may be expected. But buying high-quality stocks on the dip can give one’s investment returns a big boost over time. I personally often use low prices as an opportunity to buy discounted stocks.
So which FTSE 100 fallers are on my buy list today? There are many, but here are three of my favorites.
It’s out of fashion
JD Sports Fashion it trades at a forward price-to-earnings (P/E) ratio of 8.2 times. That’s well below its 10-year average of 15-16, and reflects continued selling pressure as buyers adjust to cash.
Is the seller out of the woods yet? Not at all, although trading in the US key market has improved recently. Still, the long-term outlook here remains extremely bright, and at current prices I think JD Sports could be too cheap to ignore.
I expect the share price to rise again as its drive to expand global stores continues. Once consumers loosen their purse strings again, I think the profits may begin.
The box is smart
Fading hopes of an interest rate cut have weighed on property stocks in recent weeks. Because Tritax Big Boxits borrowing costs are likely to be higher than expected in early 2026, relative to earnings.
But mostly, the profit picture here is also strong. I don’t think this is reflected in the FTSE 100’s low P/E — at 7.7, it’s well below the long-term average of 11-12.
Tritax’s exposure to blue-chip and non-cyclical companies means that hiring rolls should remain resilient against any emerging economic challenges. Over time, I expect profits to increase as demand for warehouses and data centers grows.
The best price to share today?
right now, ICG (LSE:ICG) is at the top of my buy list. No matter how you slice it, some asset managers offer excellent value for money.
Its forward P/E ratio is just 9.7 times, while its price-to-earnings growth (PEG) ratio is 0.8. It also offers excellent value based on expected dividends and earnings – its dividend yield is a chunky 5.7% through 2027.
Finally, ICG’s price-to-book (P/B) ratio is 1.7. That’s more than the benchmark of one, which means the stock is trading at a higher price than its book value. However, this is the lowest level in three and a half years.
ICG – formerly known as Intermediate Capital Group – invests in institutional clients, mainly in the private markets, and charges for that privilege. This leaves it vulnerable in difficult times when investments are going well.
So what makes the FTSE 100 an attractive share to consider today? It’s not just that glorious amount of money that we discussed. ICG has proven its ability to successfully navigate challenging times, as its 16 straight years of increased profits demonstrate.
