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Simon Rose

The Financial Outlook for Personal Investors: Rightmove & Barratt Developments

Simon Rose
Original Broadcast:

The Financial Outlook for Personal Investors

The Financial Outlook for Personal Investors: Rightmove & Barratt Developments
Neil Shah of Edison Group takes a look at two housing-related stocks. Rightmove has surged on talk of a bid. It's a jewel of a stock with something like 80% of the online estate agency market. This shows yet again how overseas investors consider the UK market undervalued. Neil believes Rightmove's model has amazing potential for AI. He also discusses Barratt Developments, which has just produced a tough set of full year results with profits down 75%. However, the mood music for the future is much more positive and there's a bit of a turnaround. While there's uncertainty over what the Budget will bring, Labour's desire to ramp up housebuilding could see them well placed.

Guest: Neil Shah