As December slides into view, budgets can turn out to be stretched. Yr-end spending, from Christmas items to festive dinners, can add up. So shopping for shares in giant UK corporations won’t be high of many purchasing lists.

However though the FTSE 100 index has hit new ranges this yr, I nonetheless assume among the shares in it appear to be potential cut price buys.

Wanting again on 2024

I count on that, as we draw in direction of the top of one other yr and plenty of traders begin coming up with concepts for 2025, a number of British shares will obtain renewed consideration from potential shareholders as they weigh the deserves of investing.

That doesn’t imply they may essentially go up in price. In spite of everything, some UK shares are priced the best way they’re as a result of their enterprise efficiency has been disappointing. In my very own portfolio, alas, each boohoo and S4 Capital match that description.

However by probably getting forward of the group now, I hope I could possibly snag some cut price shares I’m optimistic might do properly in 2025 – and past (in spite of everything, I’m a long-term investor).

Figuring out potential development drivers

For example, think about one UK tech share I’ve added to my portfolio this yr, Filtronic (LSE: FTC). The corporate makes subtle electrical parts for a variety of purposes.

Whereas the share price stays in pennies it has already soared by 252% to this point this yr.

Now, as I purchased in the summertime, I missed most of that dramatic achieve. In actual fact, the share continues to be promoting for roughly the price I paid for it. Nonetheless, one of many issues I like about this UK share is that I see a lot of potential drivers for substantial development in its enterprise (and hopefully subsequently its valuation too) subsequent yr and past.

One is its relationship with rocket firm SpaceX, which has inked a number of offers with Filtronic this yr. Because the US firm extends its constellation of Web-providing satellites, I see additional scope for Filtronic to promote extra of its merchandise.

In simply the previous few months alone, Filtronic has introduced a lot of developments I see as enabling substantial development. It has relocated its manufacturing facility in County Durham to a bigger, purpose-built facility. It added one other manufacturing line in July and deliberate an extra one this month. It has additionally opened a brand new engineering design centre in Cambridge.

Cut price looking by no means stops!

After all, spending cash scaling up entails a threat that losses might balloon if orders don’t materialise at a excessive sufficient degree.

However Filtronic, a share that has risen 762% in 5 years, nonetheless appears like providing probably good worth to me if the corporate’s development ambitions are realised. I plan to maintain holding the share.

In my opinion, there’s by no means a foul time to purchase nice corporations at engaging costs. That features the ultimate month of the yr, even when traders’ consideration will not be on the inventory market. I’ll maintain in search of shares to purchase in December!