2/29/2024 0 Comments Cheap stocks to buy now uk![]() With some investments, such as bonds, the money will tend to be tied up for many years while you wait for it to mature. One of the significant advantages of short term investing is the flexibility it offers, as your money is not tied up for an extended period. Palantir recently signed agreements with Rio Tinto, IBM, and Faurecia (an automotive technology business) to utilise its Foundry platform.Īn initial near-term move back to between the $31 to $33 mark looks like a good shout. While the company isn’t yet profitable, I still believe it has many positives, such as its revenue from government contracts, the potential growth in the AI technology industry, and its private-sector deals. ![]() However, February saw the stock fall over 32%, and it is now sitting at $26 per share. Since its listing in September 2020, Palantir’s stock almost quadrupled, climbing to highs of $45 in January. ![]() If bonds keep selling off, this move should play out. Remember, this isn’t a move I would be rushing into, it's one that will require us to keep an eye on the movement in yields and the inflation fears. However, if they continue on their current trajectory, we could see gold break below the channel in the chart below and continue its recent move to the downside. This move will be entirely dependent on where US yields are headed in the near term and will centre around inflation expectations. The Best Precious Metals Short-Term Investment 3. Will it get back to pre-Brexit vote levels? I don’t know, but I feel there is some downside to be had. ![]() The doom and gloom surrounding Brexit, I feel, was somewhat overplayed, and we should see the pound gain some real impetus against the euro over the next few months. Yet, the EURGBP is nowhere near the pre-Brexit vote levels… In contrast, the EU’s vaccine program has continued to falter, with cases in some regions rising once again and more lockdown measures put in place or discussed (Italy entered a new lockdown while German doctors have called for an immediate return to lockdown). They even have a plan in place to reopen the country in the coming months. However, despite the UK’s lack of decisiveness in managing the pandemic in the early stages, they have fared much better in recent months, and their vaccine program has delivered. Even as the Brexit chapter slowly came to a close, we then had the coronavirus pandemic, which impacted risk currencies, of which the GBP is one. Since the Brexit vote back in 2016, the GBP has taken a battering. Its pre-pandemic price was around the 400p mark, although, I have to admit, I think that is some way off, and I don’t expect it to get back there anytime soon. If and when international travel restrictions begin to ease, it will then be time to look at areas to exit the position. One of the main routes we need to watch out for with IAG is London to New York. Once countries begin to announce the easing of international travel restrictions, I expect airline stocks to spike. However, we still haven’t had any concrete announcements. I believe this is a short-term investment because we have already seen airline stocks begin to price in a potential reopening of international travel. Its share price has gained over 42% in the last month, but I still feel there is room for a further move higher. I have been bullish on IAG for a while and mentioned them in our previous best stocks to buy right now article. International Consolidated Airlines Group (IAG) The Best Overall Short-Term Investment 1. In this article, we will take you through some of the best potential short term investments you can make in the current market… However, before we continue, one thing to note is that short-term investments are inherently riskier and carry a greater chance of losses, so you must utilise a prudent risk management strategy.
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