Is the writing on the wall for the Royal Dutch Shell share price?
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The
Royal Dutch Shell(LSE: RDSB) share price isn’t the power it was. Right now, it stands at 1,286p, well below the 2,841p it hit three years ago. It also trades notably lower than a decade ago, when it stood at 2,122p. Recent underperformance isn’t a blip, but looks like a long-term trend.
Throw in the fact that management recently dropped the dividend for the first time since the Second World War, and Royal Dutch Shell doesn’t look like the sure-fire winner it used to be, and I think its share price will remain under sustained pressure.
With £3,000, 3 stocks to buy and hold for the long term
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I’ve been thinking about how I’d invest £3,000 today into a trio of stocks to buy and hold for the long term.
Here are three UK shares I’d consider adding to my portfolio for the long haul.
US$12.3 TRILLION out of thin air…
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Drinks champion
Sipsmith to
Guinness. Its brands help to differentiate it from competitors. That can support premium pricing.
I like the scale and depth of the Diageo ecosystem. Take its whisky portfolio as an example, which accounts for 23% of Diageo sales. As it owns a lot of different distilleries in Scotland, the company is able to sell single malts like
Is the BP share price doomed?
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The
BP(LSE: BP) share price is in mortal peril. We have known for years that climate change poses a threat to the oil majors, but now they are living on borrowed time.
This week, a Hague court ordered
FTSE 100 rival
Royal Dutch Shell to cut its emissions in half by 2030. Shell plans to appeal, but this looks set to trigger a wave of climate law suits by emboldened activists. The days of green washing and vague corporate pledges are over. Big Oil now has to deliver, and it’s not going to be easy. I fear for the BP share price.