Five shares to watch 2023 – third quarter update

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Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

As we near the end of the year, we check in on how our five shares to watch have performed in the third quarter.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

5 October 2023

As 2023 draws to a close, inflation is finally on its way back down. That means we’re likely at, or near, the end of the current interest rate hiking cycle.

But as we head into the winter months, oil and gas prices are trending higher. That adds some upward pressure on inflation and central banks are set to hold interest rates high well into next year.

High rates are typically bad news for stocks, but shares have fared reasonably well in 2023. In the US, performance continues to be led by a handful of mega cap names.

It’s an ever-changing picture and one that we’ll be monitoring closely. Here’s how our five shares to watch have been doing in the third quarter, and what could be next.

This article isn’t personal advice. Investments and any income from them can fall as well