3 Hot Stocks You Bought Today

LONDON -- This morning belonged to the banks -- at least, those in various forms of trouble. An assortment of bad news over the weekend, coupled to tanking markets, brought bottom-fishers out in force.

Barclays (LSE: BARC.L  ) , for instance, was the single most popular purchase by stockbroker TD Direct Investing's individual clients between the market's opening and 12 noon.

The reason? The usual eurozone worries helped, of course. But investors can see an opportunity to buy in cheaply, as front-runner Sir Michael Rake apparently ruled himself out of the chairmanship, with other reports citing a matching reluctance by Rich Ricci, head of Barclays' investment bank, to take up the similarly vacant chief executive's role.

Nothing quite so obvious seems to have prompted investors' interest in Royal Bank of Scotland (LSE: RBS.L  ) this morning, which was the fourth-most popular purchase with TD Direct Investing's individual clients. But trading at 195 pence -- 19.5 pence in old money -- RBS has rarely been cheaper. Time to load up, it seems.

Finally, Lloyds Banking (LSE: LLOY.L  ) was in demand, being the seventh-most popular purchase by TD Direct Investing's individual clients between the market's opening and 12 noon.

Again, the share is at bargain levels -- although it was cheaper last autumn. But the Project Verde stitch-up, while giving investors a kick in the teeth, has at least drawn a line under that particular headache, and Lloyds management can now get on with running a bank, and not carving up a business. For some investors, the change of agenda has clearly proved to be a buying signal.

Will they be disappointed? Time will tell.

Finally, what are super-investors Neil Woodford and Warren Buffett buying today? We can't tell you that, but we can tell you the names of the shares that they've been buying in the recent past -- and why they've been buying them.

So download this free report to discover the shares that interest Neil Woodford right now, and this free report to learn the name of the British share that Warren Buffett has been buying recently.

Are you looking to profit from this uncertain economy? "10 Steps To Making A Million In The Market" is the very latest Motley Fool guide to help Britain invest. Better. We urge you to read the report today -- it's free.

Investing ideas from Malcolm Wheatley

Disclaimer: The TD Direct Investing (www.tddirectinvesting.co.uk) list of Top Ten Buys should not be taken as a recommendation to buy or sell any particular bond or stock, and is not intended as any form of advice. Instead, it is simply an indication of the general buying trends amongst TD Direct Investing customers during the period stated.

Malcolm owns shares in Lloyds Banking, but has no disclosable interest in any other of the shares listed. The Motley Fool has a disclosure policy.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 1953488, ~/Articles/ArticleHandler.aspx, 7/28/2014 5:35:44 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.