Go against the grain to gain.
The only risky one I’d say is Lloyds.
RR will not be allowed to fail, it’s in our national interest to keep a company that is extremely niche and leads in its field, especially as countries becomes more insular. They are well diversified and are leading micro nuclear plants as well going electric on their engines. Warren east was turning RR around and they were due to make their first profit this year, prior to Covid. With East at the helm and the streamlining of their business I think they will do well in a couple years.
Shell will pick up again. Oil is not going away. Industry will not change over night and Shell will adapt and buy it’s way into renewables as it already is. A return of dividends to their previous levels will again increase price. We are creatures of habit, covid isn’t changing anything over night.
BT can not fail, they are too engrained into our national infrastructure. They have recently done deals with sky to make it easier to obtain their TV packages. When dividends come back so will the price. Furthermore, big insider trading suggests the board are confident and believe in the future at BT.
Lloyds ok, low interest rates and bad debt but this is a burden for all banks. But as I said British ones have faired better than their European counterparts on stress tests.
Who are you guys buying?