There are several reasons for this. The key one is a need to balance risk versus reward. I think I need to add more dividend stocks that provide a steady stream of income, rather than rely on too many speculative growth stocks that may or may not come good.

Royal Mail seem like a good candidate to help me meet my investing goals. Let me explain why I’m so keen.

Growth and dividend potential

To my eyes, Royal Mail shares right now seem to have that nice balance of growth potential sat alongside steady dividend income generation. And this company is generally regarded as being better run now than it has been for years. 

Take headline metrics like revenue and profits. These were up in the first half of the current financial year by 7.1% and 10.1%, respectively. The larger percentage increase in profitability over revenue (with profits being £404m for the half year) suggests solid improvements in its operating efficiency.

These efficiency commitments should continue. Royal Mail has invested heavily in improving technology across the business, for example, and is building a new parcel distribution centre that’s due to open in 2023. It will handle up to a million parcels a day, which can only be good for the longer-term future of the business.

Positioned to succeed?

Royal Mail is definitely one of the business winners from the pandemic. The UK public is now shopping online more than ever before, and those parcels need to be delivered. Yet before investing in the stock, I should be aware that recent revenue gains might not be replicated as 2022 wears on. That’s certainly the case if consumers revert to shopping at physical stores as Covid-19 shackles continue to loosen. 

This leads me to my next note of caution. It’s stating the obvious, but lucrative industries tend to become more competitive. The company already has plenty of rivals and I should be open to the possibility of the parcel delivery industry becoming even more competitive. This has the potential to impact revenue generation. 

I’m reassured on this front though. The aforementioned efficiency investments sees the company putting itself in a better position to compete. This is hugely important to me as an investor. If I invest in Royal Mail, I do so knowing the company is working hard to deliver growth, regardless of what its rivals might do to increase their market share. 

It’s a big plus point for me that the stock’s price-to-earnings (P/E) ratio is an attractive-looking 5.9. This is some way below its rolling average since 2013 of 12 or so. This makes me think the company could even be seriously undervalued. 

I haven’t even mentioned the dividend yet. The current dividend yield is 3.9%, which certainly wipes the floor with my high street bank account’s interest rate. The more I look at Royal Mail shares, the more I like what I see. I can see this stock being added my portfolio very soon.

The post Royal Mail shares: why I’m impressed right now appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

It’s no secret that airline stocks have been hammered over the past couple of years (thanks a lot, Covid-19). I reckon 2022 is going to be one of renaissance for the airline industry, though. I think some tidy profits are up for grabs from investing in what are, from my viewpoint, cheap airline stocks. 

An uplift in airline share prices can already be seen since the turn of the New Year, with IAG up around 12%, Easyjet 11%, and Wizz Air 13%, at the time of writing. Personally, I think there is scope for further movement upwards and so I’m pondering which airline stocks will fit well into my portfolio.

Why I think airline stocks still look cheap

There seems to be an upbeat mood around not just the UK but Europe in general at the moment. The potential for disaster promised by the Omicron variant hasn’t materialised and I certainly hope that will remain the case. This is good news for the markets, of course, with the FTSE 100 easing nicely into 2022.

I’m strongly of the view that stocks for companies in leisure and travel are going to do well this coming year, predicated on the idea that we’ve seen the worst of Covid-19.

I don’t want to jump the gun of course. I appreciate that government advice around Europe is that we’re still in the midst of a pandemic, and that we shouldn’t count our chickens. But really, do you think we’re going back into full scale lockdown any time soon? I know I don’t think that. 

Travel stocks – and in particular airline stocks – look like a cheap investing opportunity to me. I’ve already written positively about IAG elsewhere, but my optimism from that article extends to the general airline industry.

Vaccine take-up is pretty high right across Europe. This safer environment helps to encourage more international travel. Furthermore, when I reflect on my own experience of travelling internationally during the pandemic I know the passenger experience has improved immeasurably over the last six months or so.

Improved customer experience

During the Christmas period I flew with Aer Lingus, a renowned brand under the IAG banner, and I didn’t have a moment of delay or trouble. Like other passengers I was encouraged to use the ‘Verifly’ app. This ensured I had cleared all Covid-19 checks before I got to the airport. The in-airport experience was great as a consequence. It certainly wasn’t chaotic like when travelling throughout much of 2021.

I know this is only my own personal experience, but when combined with the anecdotal evidence of friends it does suggest that airlines are learning and adapting to customer needs. This is great to see, and I think it will help encourage increased passenger numbers.

When I align the improved customer experience with my belief that more people are simply going to want to travel again in droves in 2022, I can’t help but think airline stocks remain cheap. The question for me now is which particular stock do I want to add to my portfolio!  

The post Are airline stocks cheap for 2022? appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

The stock I am referring to is Moneysupermarket.com (LSE:MONY). I expect it to make something of a comeback in 2022. For my money, Moneysupermarket.com has the makings of a solid long-term investment for my portfolio. Let me explain my thinking.

Growth has stuttered

The company has found things tough over the past 12 months. According to its most recent financial statement in October, revenue was down 11% year to date compared to the corresponding period in 2021. Obviously, this was not good.

It goes a long way towards explaining why the share price has been trading so low. Investor sentiment has cooled, with the stock at almost half the price it was three years ago. 

That’s the bad news. The good news is that the firm has taken steps to address this.

Proven model and new advertising

The price comparison model is one long proven to work. If consumers want to save money on household or financial products, they know a visit to a price comparison website should help them do that. 

So, to compete, this means Moneysupermarket.com need to shout louder than its major rivals, such as Go Compare and Compare The Market, in order to grab increased share of wallet.

The Moneysupermarket.com brand was relaunched last autumn with a well-received advertising campaign. The fact that it identified the need to reposition its brand demonstrates customer-centric awareness and a willingness to respond to changes in a competitive market. Taking steps to make the brand more competitive is only a good thing.

It remains a good dividend stock

While it’s good to see Moneysupermarket.com actively changing its advertising to be more competitive, I don’t think this is going to be the key driver of rising revenue. I think increased revenue will come from increasing numbers of consumers switching financial products more readily in 2022. The changes to advertising kick-start this, in my view.

Why do I think this? Well, I expect consumers to spend more money throughout the year on the things they want to enjoy, in very general terms, simply because I expect the Covid-19 shackles to come off. I believe there is going to bean  increased desire to save money on the boring things in life, such as utility bills, in order to free up funds for more ‘adventurous’ spend, such as holidays. This will be especially the case if inflation takes hold and household energy costs continue to rise. Don’t get me wrong, it is only a personal hypothesis, but one that I think stands up to scrutiny bearing in mind the last two years.

Moneysupermarket.com look in decent shape financially, so I do not have any concerns on that score. To cap it off, the company remains a good-looking dividend stock, with an expected dividend yield of around 5.3%. All in all I have warmed to this stock. I think it could be a shrewd longer-term investment for my portfolio.

The post Here’s a dividend stock with growth potential in 2022 appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the stocks mentioned. The Motley Fool UK has recommended Moneysupermarket.com. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Back in 2018, Rolls-Royce traded at a high of 375p. It now trades at around the 125p-130p mark. A very simplistic starting point is to ask myself whether or not I feel Rolls-Royce is genuinely a third of the company it was back then.  

Pandemic struggles hit the Rolls-Royce share price

The Rolls-Royce share price tanked at the start of the pandemic, along with many other companies, but it actually hit its lowest spot in October 2020. Rolls-Royce revenues were hit hard by reduced airline flying time, with the company producing and maintaining aircraft engines for fleets across the world. Reduced flying time continues of course around the world and this is bad for the Rolls-Royce business. Old aircraft engines don’t need replacing as often because they haven’t been used. Existing engines don’t need servicing as often either.

There is room for cheer on that score, though. Increased confidence in airline stocks since the markets reopened this New Year reflect a level of optimism not seen in the airline industry in the past couple of years. This is good for Rolls-Royce, which will find demand for its services increasing over the medium to long term.

The problems Rolls-Royce have faced mean that there is no prospect of a dividend in the near future. A dividend cannot be paid until at least 2023 owing to loan agreements. This is clearly a negative point. However, it could be that the lack of dividend is pinning the share price down at an artificially low level. Reintroducing a dividend when the time is right should – all things being equal – give the Rolls-Royce share price a nice kick in the right direction. 

Huge barriers to entry could mean a bargain

There is more to the longer-term prospects of Rolls-Royce than just the international travel market picking up again. Longer term, Rolls-Royce retains a very strong position within its industry. Rolls-Royce has few competitors thanks to barriers of entry bigger than the engines it produces, so if it can weather the current storm, the relative safety of the company looks assured longer term.

Rolls-Royce has done plenty in 2021 to restructure and streamline in order to protect cash flow. Besides the aforementioned loans, the company also has reliable revenue coming in from government defence contracts.

All things considered, I should probably trust my judgement and be confident in saying that the Rolls-Royce share price is a longer-term bargain. If I do get involved, I will get involved knowing I am in it for the long haul.

The post Is the Rolls-Royce share price a long-term bargain? appeared first on The Motley Fool UK.

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Garry McGibbon has no position in the stock mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

If that sounds a tad extreme, that’s because I don’t think there is any comfortable middle ground here.

It seems to me that Cineworld’s future is a simple binary equation. The share price is cheap if the business can ride out Covid-19. However, if Cineworld cannot get through the pandemic and back to ‘normal’ life then any investment will be wasted. On balance, I think it’s worth taking some risk here. Let me explain why.

The Cineworld share price: not your normal kind of financial analysis

Financial ratios obviously have their place when assessing investment opportunities, but there are times when they can mislead. In the case of the Cineworld share price, I think they muddy the waters.

Looking at P/E ratios and the like is all well and good, but the way I see it what we fundamentally need to know about Cineworld is how much cash does the business have available and can it cover its debts in the short term?

On the back of this, what is happening in the wider world to encourage cinema-goers to venture out and see a movie? What is Cineworld revenue going to look like over the next 12 months?

Cash and debt: reasons to be cautious

It’s true that Cineworld has a massive amount of debt. There is no getting round this, and it’s a concern. A debt mountain of $4.6bn is eye-wateringly large, especially when there is an expectation interest rates will rise in 2022. It’s also true that the cash made available to Cineworld after crisis-led restructuring in late 2020 has helped the business navigate 2021 without further crisis, but this improved liquidity isn’t going to keep the wolf from the door forever, of course.

This brings us onto what is happening in the wider world. I am reasonably confident that if Cineworld shows increased revenue over the next year, then the markets will respond favourably. There is reason for optimism on this score.

Pandemic? What pandemic?

Whisper it, but cinema-going might well be a ‘thing’ again. The threat posed by the Omicron variant is arguably not as big as first feared and is increasingly downplayed by scientists. Indeed, cinemas have welcomed back patrons in ever-growing numbers lately.

Take the December 2021 release Spiderman: No Way Home movie, which became the third-fastest movie to gross a billion dollars. This followed the recent James Bond movie No Time To Die, which has pulled in around $775m. This is really positive for Cineworld and the movie industry in general.

I know I am disagreeing with some of my Fool colleagues here, but on balance Cineworld looks well worth a punt to me at a current share price of around 32p.

I’d appreciate it if you could do me a favour and watch your next movie down at your local Cineworld cinema!

The post The Cineworld share price looks cheap to me! appeared first on The Motley Fool UK.

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Garry McGibbon owns shares in Cineworld. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Ever sell some shares and regretted it? I’m in that position at the moment. I’m a fan of dividend shares, purely because I think they are a good way of generating passive income. Well, earlier this year, one by one, I sold off my shares in three FTSE 100 dividend shares and I’m tempted to get back involved. Let me explain why.

Lloyds Banking Group – is it a good dividend share purchase?

I sold my shares in Lloyds Banking Group (LON:LLOY) earlier this year when I made a premium of around 33% on my original purchase price. At the time of selling my Lloyds shares to reinvest in other FTSE 100 companies, I thought I’d made a sensible decision. The Lloyds share price had hit 40p and I didn’t think there was scope for it to rise much further.

In retrospect, this was a mistake and I’m happy to acknowledge it. As I write, the Lloyds share price is hovering around the 45p mark and a healthy-looking dividend has been paid too since I sold. So not only have I missed out on a rising share price but I missed out on a dividend. Ouch.

You never stop learning in this game. What this episode reinforces is that investing for at least the medium term should be the goal, along with my longer-term aim of building my passive income from dividend shares.

The Lloyds share price still looks tempting – as does the dividend

Life is about learning, so I think I will need to bite the bullet and buy back into Lloyds. The current Lloyds share price doesn’t look too prohibitive, all things considered. As I wrote about Lloyds Banking Group previously, senior management have done a lot of work to streamline the workforce. This work has evidently been going well.

The risks I noted previously still exist, principally that Lloyds remains a massive organisation where tech innovation isn’t necessarily instinctive, especially when compared with young upstarts like Wise.

What swings it for me is the dividend. The next Lloyds dividend is forecast to be around 4.3% based on the current share price, which I think is pretty good considering the stock has been carrying some momentum through 2021.

Two other FTSE 100 dividend shares I’m considering buying back into

The two other FTSE 100 dividend shares I booted from my portfolio in 2021 were British American Tobacco and Vodafone, simply because I thought there were better investments out there.

The forecast share dividend yields for these two firms are currently around 8% and 7% respectively. At this very early stage of my research, I’m more inclined to get back into Vodafone because my instinct is that a 12-month share price decline of over 15% is not a fair reflection of the company’s prospects.

As ever, though, it won’t be instinct that guides my share purchases. It will be facts and figures. I’ll be more likely to invest successfully over the longer term if I do my homework and trust my investing principles.

The post Lloyds Banking Group is a FTSE 100 dividend share that’s tempting me back! appeared first on The Motley Fool UK.

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Garry McGibbon owns shares in Lloyds Banking Group. The Motley Fool UK has recommended British American Tobacco and Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

The airline collective International Consolidated Airlines Group (LSE:IAG) is understandably the type of business suffering because of the Omicron chaos. The way the world works at the moment, the new Covid-19 variant Omicron equates to stricter controls over international travel, which in turn discourages passengers from flying. This means lost revenue for IAG and other travel-focused businesses. I think there are sound reasons though why I should take a chance on the recent IAG share price dip being only a temporary blip.

Look at IAG’s 12-month share price

I feel like we’ve been here before with Omicron. Scroll back 12 months to when the UK went back into lockdown before Christmas in 2020, and the world felt like it was caving in once more. But remember what happened?

We all got through January 2021, the world began to feel a little bit more open again, and we got on with life as well as we could by the summer and autumn. Now, we’re on a bit of a downer again with Omicron.

Take a look at the 12-month IAG share price trend and see how it fits into that pessimism-optimism-pessimism pattern. Call me mad if you want, but I like to pay plenty of attention to the power of public sentiment being able to shift share prices. Public opinion rather than hard facts can sometimes do crazy things to stock markets, and I think IAG over the past year exemplifies this.

Strong IAG management response

I’m not quite mad enough to invest in a business on this basis only, so it’s important to understand the risks involved with investing in IAG. It’s evident every day that globally we are not yet out of the pandemic, and the longer it goes on the longer it takes to get back to full international travel. For a business running iconic international long-haul airline brands such as British Airways, Iberia and Aer Lingus, this is of course a problem.

I’m also well aware that IAG continues to operate at a loss. The losses are so big they look scary, but I think the recently reported operating loss of €485m needs putting into perspective.

IAG is not the only airline group finding times tough at the moment. The one thing the group does have on its side longer-term is those aforementioned strong brands. I also think that past brand marketing investment will pay off over the next few years. Access to €10.6bn cash in the form loans and the like won’t hurt IAG either.

All in all, IAG shares feel cheap to me right now. I’m getting stuck in this coming week, especially as I am happy to sit on the shares for the longer term. Time will tell how I get on!

The post Omicron is making the IAG share price look cheap to me! appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the stocks mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Don’t get me wrong, I’m under no illusions around generating consistent passive income from UK stocks. If it was easy then everybody would already be doing it! I do believe, though, that if I put the work in, alongside listening to informed opinions, I can create a steady passive income stream for myself.

Why UK stocks, though, and not something like buy-to-let?

I know there are other ways to generate passive income other than investing in UK stocks, but I don’t think they will work for me. Arguably, the most popular alternative method in the UK this century has been through investing in buy-to-let property, but the good times seem to have gone there.

The introduction of 3% stamp duty on second property ownership in 2016, followed by changes to mortgage tax relief in 2017, has eroded the profit of landlords in recent years. That’s before even considering the up-front capital needed to purchase a buy-to-let property. All in all, I’ll pass.

Investing in UK stocks: realistic and accessible

I feel like I have a more realistic chance of creating steady passive income from UK stocks. Buying and selling shares is more accessible than ever before, and I don’t need a daunting minimum spend to get started.

Partly, I’m inspired by an old adage about saving that I was first told at school: “Spend 70% of your earnings, save 20%, and give the rest to charity”. Now whether or not I stick rigidly to those percentages is up for debate, but the general idea seems fair enough to me.

The key difference is that, with interest rates at an all-time low, I don’t think putting all my savings into a bank account is going to be very helpful. I’d rather take a calculated risk that I can make my money ‘work harder’ by redirecting some of my regular savings into high-yield UK dividend shares. Not all my savings, mind you: I know I need to balance my potential risk.

Some UK dividend shares strategy I will pursue

Some UK companies switch to paying extremely high dividends because without the dividend, the business looks an unattractive investment, for whatever reason. I probably won’t seek to invest in this kind of company, as there is too much risk associated with the share price falling.

I will instead look at companies with a strong track record. While I know that past performance is no guarantee of future performance, and that dividends are never guaranteed, I will get some comfort knowing that a business has been a strong performer. A company like Coca-Cola immediately springs to mind here. I am sure I can find some more if I do my homework.

The post How I can create passive income with UK stocks appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the stocks mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Barratt Developments worth investing in

It has been a bit up and down in 2021 for Barratt Developments (LSE:BDEV), which traded at a 52-week high of 799p back in April, but there are sound reasons to think the company can hit those heights again.

Industry insiders are expecting house building demand to be strong in 2022, with the Construction Projects Association anticipating a further 9% growth in house building projects. This is good for Barratt whose core business remains home construction.

Barratt has made mistakes in the past that it is still paying for, which tempers enthusiasm a little. Earlier this year for example, Barratt shelled out £56m to fix construction errors on past projects, including a Croydon tower block built back in 2002 that featured similar problems as the ill-fated Grenfell Tower in London. There is no guarantee further past errors won’t crop up again.

Nevertheless, Barratt still has plenty of cash on the balance sheet to finance new building projects. It looks like a reasonable share investment to me.

Taylor Wimpey to head upwards?

Like Barratt, Taylor Wimpey (LSE:TW) has been purchasing as much land up as possible over the last 12 months or so, suggesting it expects the house building boom to continue. If this is the case, I expect Taylor Wimpey’s share price to head upwards in 2022.

There are clear risks with its bold land purchasing strategy though. Firstly, and even though I agree with the sentiment, Taylor Wimpey is assuming that new-home demand will continue next year. I hope it is right, but this isn’t a given, especially if interest rates rise and the housing market cools off.

Secondly, if the market cools it means cash is tied up. This will hit dividend payments. I’d still be confident Taylor Wimpey is a decent punt, though. I certainly think there is more upside to investing than there is downside.

Persimmon’s strong dividend yield

Last but not least, I think Persimmon (LSE:PSN) is worth some consideration. The key reasons for supporting this share are the same as Barratt and Taylor Wimpey, but there is one more factor that makes Persimmon attractive. A strong dividend yield of 8.4% at the current share price far outstrips those two rival firms, making this stock an attractive passive income proposition.

The negative caveats apply to Persimmon too, just as they apply to Barratt and Taylor Wimpey. Growth in the Persimmon share price assumes demand for new housing in the UK remains high throughout 2022.

I can see further growth in the share price, but I’ll be reassessing my position at the end of H2 2022, by which time we’ll have a better ideas which direction the house building market is heading in.

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Garry McGibbon has no position in any of the stocks mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Why hasn’t the Wise share price moved forward?

Wise is predominantly a money-transfer service at the moment, so it isn’t yet a fully-direct competitor for traditional banks, even if it is chipping away at traditional banking services. However, Wise does have its eye on the full banking market over the longer term, and for example launched a debit card in Canada this past week.

The markets get excited about fintech stocks such as Wise, but it is a company I am ambivalent about at the moment, especially with Revolut rumoured to be heading towards a listing in 2022. Revolut has a stellar product in my opinion that blows Wise out of the water, so let’s see how that potential listing progresses over the next six months or so.

Let’s not forget the banking sector

What Wise has shown me is that the traditional banking sector could well remain undervalued. The banking industry is a long way removed from the slow-moving beast it was before the 2008 financial crash.

We might infer positive sentiment from banking share price recoveries this year. Over the past 12 months, share prices for six of the eight banks in the FTSE 350 have climbed, suggesting the market considers banks stronger nowadays, too. The dual challenge brought by enforced regulation and the more recent threats posed by fintech firms seems to be spurring the banks on.

The Lloyds share price remains open to growth

I think there is still value in banking stocks as we head towards 2022, despite the sector’s double-digit growth this year. Lloyds Banking Group (LSE:LLOY) looks the pick of the bunch to me. The Lloyds share price has really benefited from job cuts announced in Q4 21, with management making it clear that streamlining operations is a key driver in moving the organisation towards the agility and innovation model associated with fintech.

Furthermore, as the Wise results have shown, share price growth requires more than only KPI growth. A company like Lloyds is big enough to say its vision is to ‘Help Britain Prosper’. It reminds you that Lloyds is a massive organisation, with huge resources, that is now getting its act together to fight the threat of new market entrants such as Wise and, maybe in 2022, Revolut.

There’s no certainty that Lloyds will grow its share price in 2021. There always remains the risk that size will still hold Lloyds back, despite all best intentions, with the ability to be agile and customer-centric not coming as easily as hoped. None of us know yet what the outcome of the Omicron variant of the Covid virus will be, either.

These issues aside, I’m bullish about Lloyds shares at the moment. They demand serious purchase consideration for my portfolio.

The post What does the Wise share price tell us about banking stocks? appeared first on The Motley Fool UK.

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Garry McGibbon has no position in any of the stocks mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.