Best Shares to Watch Now – November 2023
With the stock market constantly fluctuating, keeping up with popular shares to watch can be easier said than done. After all, there’s so much to consider when investing in a stock.
In this edition of our monthly stock market analysis, we are going to look at some of the best shares UK to watch in November 2023 – with our analysis covering the period between November 25th and November 28th.
Updated data and YTD returns are accurate as of November 28th, 2023.
List of Popular Shares to Watch
Before we take a closer look at some of the best shares today UK to consider adding to your watchlist, presented below are several of the top 100 most active stocks in the UK and the US, as measured by trade volume on Yahoo Finance:
- Boeing (BA)
- Microsoft (MSFT)
- Visa (V)
- Shopify (SHOP)
- Palantir Technologies (PLTR)
- Sea Limited (SE)
- Persimmon (PSN)
- Fisker (FSR)
November 25th to November 28th: Boeing is a leading aerospace company known for manufacturing commercial airplanes. It is one of the largest global aerospace manufacturers and a top US exporter.
BA shares were soaring this week after the company received a significant new order for 95 jets from Emirates. This order is valued at around $52 billion and has bolstered confidence in Boeing’s 777 line.
In addition, China is reportedly close to allowing the 737 MAX to resume domestic flights. This is great news for Boeing since the plane is currently grounded in China, helping boost investor interest in BA shares.
Although full operational normalisation is expected to take time, Boeing is on the right track, which is why investors have been buying BA shares this week.
November 25th to November 28th: Microsoft is a multinational tech company that develops, manufactures, and sells computer software, consumer electronics, and other products/services. It is best known for its operating system, Microsoft Windows.
MSFT shares have been rising recently due to the company’s strong earnings report, which showed impressive performance in AI and cloud computing. Moreover, Microsoft’s investment in AI, mainly through its partnership with OpenAI, has been a positive catalyst.
Microsoft’s completion of video game maker Activision Blizzard has also boosted investor sentiment. This acquisition is expected to strengthen Microsoft’s position in the video game market through its Xbox console and contribute to its overall growth.
Overall, Microsoft seems to be on the right path – which is why MSFT shares reached an all-time high recently.
November 25th to November 28th: Visa is a global financial services corporation specializing in digital payments, offering products like credit cards. It operates one of the world’s most extensive electronic funds transfer networks.
Visa’s shares recently soared to an all-time high due to optimism about retail spending. As a global payments processor, Visa benefits from increased consumer spending, which has increased demand for V shares.
In addition, Visa showed impressive financial performance in its recent earnings report, growing revenues by 11.7% year-over-year. Finally, the slowdown in inflation has also helped Visa, given that interest rate cuts may finally be on the horizon.
Overall, these factors help explain why Visa’s shares were some of the most traded on the stock market this week.
November 25th to November 28th: Shopify is an e-commerce platform that allows businesses to set up online stores. It offers tools for marketing, payments, shipping, and more.
SHOP shares have been rising recently after the company announced a record $4.1 billion in sales from its merchants during Black Friday. This marked a 22% increase from 2022’s figures, showcasing Shopify’s growth.
Additionally, Shopify posted better-than-expected results for Q3 2023, which boosted investor confidence. Finally, the sentiment towards e-commerce stocks is becoming more positive, with Amazon, Etsy, and MercadoLibre all doing well.
Overall, this sector-wide optimism has been great for Shopify, hence the boost in the SHOP share price.
November 25th to November 28th: Palantir is a software company specializing in big data analytics. It provides platforms for integrating, managing, and securing data.
Palantir’s business model has performed well in the past year, with software solutions like Gotham and Apollo each receiving government and commercial clients. Additionally, the introduction of AIP in April has been a significant growth driver for Palantir.
The company’s financial performance has also been impressive, with Q3 2023 revenues and earnings exceeding consensus estimates. Palantir reported positive net income for the fourth straight quarter and continues to grow its customer base.
Overall, Palantir looks well-positioned to capitalize on the expanding global AI market, which is why PLTR shares are some of the most traded on the market.
November 25th to November 28th: Sea Limited is a technology conglomerate based in Singapore. It primarily focuses on digital entertainment, e-commerce, and digital financial services.
SE shares fell this week after the company reported a miss on EPS, indicating clear profitability issues. Additionally, the e-commerce segment of the business, a significant revenue driver, was not profitable in the last quarter, which worried investors.
Sales and marketing expenses more than doubled quarter-over-quarter yet did not result in proportional growth for Sea Limited. Moreover, the company is facing stiff competition in the Asian and Southeast Asian e-commerce markets, which is hurting Sea Limited’s margins.
All in all, investors are concerned about the company’s ability to grow sustainably – which is why SE shares have been falling recently.
November 25th to November 28th: Persimmon is a British housebuilding company, currently the UK’s second-largest property developer. The company has three brands: Persimmon Homes, Charles Church, and Westbury Partnerships.
Persimmon has been in the news recently after releasing its H1 trading results. These results showed that Persimmon’s forward order book has grown by 83% since the start of 2023; however, sales decreased by 36% to 4,249.
Unfortunately for PSN holders, the company’s EPS dropped to 34.4p, down from 106.5p a year earlier. However, Persimmon’s management does expect profit margins to improve in H2 2023.
Despite some financial setbacks, Persimmon’s share price increased slightly after the release of H1 results – making it one of the most talked-about UK shares this week.
November 25th to November 28th: Fisker is an American electric vehicle manufacturer known for its innovative cars. The company focuses on sustainability and cutting-edge designs.
Fisker reported a net loss of $91 million, or $0.27 per share, in its Q3 2023 results, which was higher than analysts’ expectations. Additionally, the company only delivered around 1,100 Ocean electric SUVs in Q3, which fell short of predictions.
The company also received a notice of non-compliance from the NYSE for missing its Form 10-Q deadline. This suggests that FSR shares may be delisted, adding to the uncertainty surrounding Fisker’s future.
Finally, with market sentiment toward EV stocks turning negative, Fisker’s share price has been dropping and is now at its lowest level ever.
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Popular Shares to Watch – Market Update for November 25th to November 28th
Equity investors experienced a mixed week, with major indices showing significant volatility. The S&P 500 rose by around 1%, while the FTSE 100 fell by 0.21%.
Trading volume was muted last week due to the Thanksgiving holiday. However, positive economic data buoyed investor sentiment, suggesting the Fed might end its rate hike cycle.
- S&P 500: +1.00%
- NASDAQ Composite: +1.00%
- Dow Jones: +1.27%
- FTSE 100: -0.21%
Other Popular Shares – November 25th to November 28th
Although the following didn’t feature in the list of best shares today UK to watch, here is one more company that has been consistently featured on Yahoo Finance’s ‘Trending Tickers‘ page:
- Johnson & Johnson: The stock has lost significant ground in recent weeks due to manufacturing issues and the pause on distribution over fears that the vaccine could cause blood clots in some people. The Johnson & Johnson vaccine is one of the first one-shot vaccines developed for COVID-19 and as manufacturing capacity ramps up, the shot could be the prime weapon against COVID-19 around the world.
What Is The Best Stocks and Shares ISA?
One of the best ways to buy shares in the UK is to invest in a stocks and shares ISA. This is a type of investment account that invests your money into the stock market on your behalf, based on your desired risk level and asset class. In the UK, it is possible to invest up to £20,000 per year, tax-free, into a stocks and shares ISA. Any profits that you make through investing will also be tax-free.
There are a number of excellent Stocks and Shares ISA’s available to invest in the UK. Here is an overview of the best stocks and shares ISAs today.
Hargreaves Lansdown Stocks and Shares ISA
The stocks and shares ISA offered by Hargreaves Lansdown has won several awards including Best Buy ISA 2023. Investors can access this investment account through the Hargreaves Lansdown mobile app which is easy to use and makes it possible to manage your ISA on the go.
One of the most appealing features of the HL stocks and shares ISA is that investors can choose to pick their own investments or choose a fully-managed ISA through which investments will be placed on their behalf. This means that you can decide how your ISA is managed and create a portfolio that aligns with your goals. You can start investing into a HL ISA with as little as £25 per month. The broker offers over 3000 different stocks and shares to choose from and makes it easy to learn how to pick the best investments.
Nutmeg Stocks and Shares ISA
Nutmeg is a product of banking giant JP Morgan. The broker offers a good selection of stocks and shares ISA including fully-managed, socially responsible, fixed allocation and Smart Alpha (powered by JP Morgan asset management). Each portfolio is suited to a different investment style and risk level, allowing you to choose an ISA that works best with your desired outcome. Unlike Hargreaves Lansdown, Nutmeg ISAs do not allow you to pick ad choose individual stock and shares. However, the variety of stocks and shares portfolios makes up for this.
Nutmeg charges a fee of 0.69%-1.5% for investing into a stocks and shares ISA. The lowest fees are associated with the fixed allocation ISA account. The broker also offers a number of tools that you can use before investing to decide which ISA is the best for you. These include a performance calculator, a real-time track record and an in-depth FAQ section. This makes it easy to decide which portfolio is best suited to you.
What Shares Are Going Up In The UK?
Shares that are going up right now in the UK include ANTOFAGASTA PLC, ANGLO AMERICAN PLC, SMITH & NEPHEW PLC and PRUDENTAL PLC. However, this list fluctuates regularly and could change at any time. The best to to stay on top of rising and falling shares in the UK is to take a look at the London Stock Exchange Risers and Fallers list. This list shows real time data and updates regularly to reflect market conditions. Brokers such as eToro also provide insights into market risers and fallers which can be very useful when planning your investments.
It is important to understand that profits are never guaranteed, even when you invest in shares that are going up. The market could turn at any time and the price of shares could fall. Before investing, develop a strong risk management strategy and conduct thorough market research and analysis.
How to Buy Popular Shares
If you want to buy shares in one of the companies listed above, you will need to use an online stock broker. There are many brokers to choose from, although it’s best to partner with a platform that is FCA-regulated and offers both UK and US-based equities. With that in mind, the steps below will show you how to invest in one of the most popular shares today, all from your laptop, tablet, or smartphone.
Open a Trading Account
Head over to your broker’s homepage and opt to sign up. You’ll likely be asked to enter your name and email address, before creating a username and a password for your login credentials.
Verify your Account
FCA-regulated brokers will ask you to verify your identity by uploading proof of ID (e.g. passport) and proof of address (e.g. bank statement). Once these documents are checked, you’ll be notified by your broker.
You will now be asked to deposit some funds. Most UK brokers accept one (or more) of the following methods:
- Debit Card
- Credit Card
- UK Bank Transfer
You may also need to meet a minimum deposit amount or pay a conversion fee, although this will vary depending on the platform.
How to Buy Shares
Once your account has been funded, you can then buy one of the best shares UK to watch. If you know which of the above companies you wish to buy shares in, simply enter it into the search box and opt to trade it.
You’ll then be presented with an order box, in which you can enter your desired investment amount. Most brokers will have a minimum investment amount, so it’s important to research this beforehand. You can then opt for a stop-loss or take-profit level, if you wish, before confirming the trade.
How to Choose the Most Popular Shares for You
Investing in the equity market can be tricky – especially if you are a complete newcomer. However, there are some tried and tested methods to find the best shares UK to invest in for your personal situation. These methods are presented and discussed below:
When trying to find the best shares to buy now for your unique investment goals, one of the most popular approaches is to conduct fundamental analysis. This involves finding a stock’s ‘intrinsic value’, which may differ from the stock’s current value in the market. If a company’s intrinsic value is higher than its current share price, the stock can be considered ‘undervalued’.
There are numerous ways to find a stock’s intrinsic value, such as looking at macroeconomic factors, industry trends, the company’s management, and so on. One popular method is to analyse the broader market and then narrow the focus down to the company itself, looking at all of the ‘micro’ elements that make up its value.
You may even wish to use the company’s financials to determine its fundamental value. This could involve reviewing its balance sheet and income statement to determine whether the company is financially sound. Finally, metrics such as P/E ratio and EPS can also be a great way to understand whether a stock is undervalued or overvalued.
Technical analysis is another great way to find the best shares to buy today for your own personal situation. Unlike fundamental analysis, which attempts to find the stock’s current ‘intrinsic value’, technical analysis is more forward-focused. This means that the analysis looks at previous price movements to predict future price movements.
Many of the best shares to buy in 2022 noted in leading publications like The Telegraph will likely have been derived through technical analysis, in conjunction with other mechanisms. Technical analysis often involves using indicators, such as RSI and MACD, which attempt to determine when a stock will make a push upwards or downwards.
Equity analysts who work for leading investment firms tend to provide their recommendations of the best shares to invest in based on their own skills and expertise within the stock market. Analysts will often offer 12-month price targets for a company’s shares and provide a ‘recommendation’, which can be one of the following:
Ultimately, the analyst’s picks for the best shares to buy today will be based on their own research and analysis of the stock – so opinions can vary depending on the source. Thus, although these ratings can be helpful, it’s best to use them in conjunction with other types of analysis.
Finally, you can also find the best shares to buy now for your investment goals by staying on top of market news. The equity market is ever-changing, with certain news events affecting investor sentiment. Events such as interest rate announcements can have a considerable impact, as they affect a company’s profits – and therefore, its appeal to investors.
Trading around news events can also be challenging, as market volatility can sometimes render technical analysis inaccurate. However, risk-seeking traders may also thrive in these environments, as volatility can often offer scope to generate positive returns when trading effectively.
Many of the most highly-traded shares are based in the US, since the US economy is roaring back now that the COVID-19 pandemic is all but over. Companies like Boeing, Walmart, and Persimmon are expecting a solid end to 2023, whilst NatWest Group is seen by many as one of the best shares today UK to keep tabs on.