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The FTSE 250 has underperformed the FTSE 100 so far this year. In fact, while the FTSE 100 has managed to deliver returns of 1.5% year-to-date (although it’s up 9% in 12 months), the FTSE 250 has fallen over 11% (and 7% in a year). This may be due to the larger number of growth stocks in the FTSE 250, which have suffered considerably from inflation so far this year. But for me, this has created an opportunity to buy some FTSE 250 stocks. These two are a couple of my current favourites I’d buy with £1,000.
A housebuilder with a high dividend yield
Despite the rising interest rates, and inflation, property prices continue to reach new peaks and demand remains strong. Due to the shortage of housing in the UK, there is also an emphasis on housebuilders building more houses. These factors meant that Vistry (LSE: VTY) was able to deliver an excellent set of results for the full-year. For example, it recorded profits after tax of £346m, up over 100% year-on-year. It also ended the half year with a net cash position of £234.5m, which was far…
