The Berkeley Group Holdings PLC (BKG Stock) set for gains? [Video]

Giles Coghlan LLB, Lth, MA Financial Source

The Berkeley Group Holdings PLC is a British property developer based in Cobham, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company is entering a strong time of year with 17 gains in the last 25 years between Feb 16 and September 02. The UK housing market has been boosted by the recent stamp duty freeze scheme which has just been extended. Today the FTSE100 and the FTSE250 have seen strong bids as the UK vaccinates nearly 25% of its population. Is the Berkeley Group set for some strong gains.

Trade Risks: The main risk to this trade is on a negative risk tone or a vaccine-resistant COVID-19 variant.

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Author

Giles Coghlan LLB, Lth, MA

Financial Source

Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

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