Is Glencore a more appealing recovery share than Lloyds, Vodafone and Standard Life Aberdeen?
Is Glencore a more appealing recovery share than Lloyds, Vodafone and Standard Life Aberdeen? Even though the FTSE 100 trades within 10% of its record high, there are a significant number of stocks such as Glencore PLC (LON:GLEN) that have struggled to post positive returns in the last few years. Lloyds shares may experience weakness in the short run, though, since its UK focus may cause investors to demand a larger margin of safety as Brexit moves ahead. Investors seem to be cautious about the stock after it changed its dividend policy, with a high degree of investment potentially causing its financial prospects to seem less enticing. However, Vodafone’s plans to simplify its business model could offer a stronger financial outlook over the long run in my view. Standard Life Aberdeen is seeking to make changes to its business model after a tough period. Asset disposals and an increasing focus on core growth areas may allow it to recover in my opinion, although uncertainty for the world economy may hold it back to some degree in the near term.