3 FTSE 250 stocks I’d buy at their discount prices today

first_img Our 6 ‘Best Buys Now’ Shares The coronavirus pandemic has triggered huge challenges for businesses, and extraordinary responses from governments. It makes sense to me to keep calm and carry on investing through the market volatility. Ultimately, the world will return to normal.With this in mind, here are three FTSE 250 stocks I believe possess both near-term resilience and long-term growth prospects. I’d be happy to buy all three at their current prices.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…TurnaroundPet products and vet practices group Pets at Home (LSE: PETS) was struggling a few years ago under previous management. It was one of the most heavily shorted stocks on the London market through 2017–18.However, a new chief executive restructured the company. Trading updates over the past 12 months have revealed good momentum in the business. Meanwhile, short positions in the stock have correspondingly reduced.Open for businessIn a Covid-19 update this week, the company confirmed its stores, website, and veterinary practices will remain open. This is to provide “essential pet products and emergency health care.” Management added it has closed the group’s grooming salons.It’s not ideal, but PETS is in a better situation than many retailers. Its share price is at a 19% discount to its high of earlier this year. It may not be the biggest discount around, but it’s worth having, in my view. This is because I believe this revitalised market-leading UK business has excellent long-term growth prospects.Made from girdersAG Barr (LSE: BAG) is the owner of a portfolio of soft drink brands, including its original and flagship product Irn-Bru. The company was established as long ago as 1875. And there are still descendents of the founder keeping an eye on things in the boardroom.World wars, recessions, and depressions have failed to derail the company. I don’t expect the coronavirus to either. Like all long-established family businesses, Barr is conservatively stewarded with a multi-generational perspective. A robust balance sheet is one of the hallmarks of such firms.Survive and prosperIn a Covid-19 update this week, the company told us it had net cash in the bank of £10.9m at its financial year end. It’s now also drawn down its full £60m revolving credit facilities as a prudent measure.I’m confident Barr will survive and prosper. And the share price is at a very nice discount of 50% to its all-time high made last year.FacilitatorIG Group (LSE: IGG) owns leading online platforms for retail, professional, and institutional clients to trade thousands of financial instruments, such as stocks, commodities, and forex. Established in 1974, it’s been in the vanguard of the industry, with numerous ‘world’s firsts’ to its name.Here at the Motley Fool we’re advocates of long-term investing in great businesses, rather than short-term trading of financial instruments. However, I believe IG has built a great business, earning revenue by facilitating traders. And when markets are volatile, as they are now, traders tend to go into a frenzy.UnprecedentedLast week, the company reported “a significant increase in active clients.” It also said: “This sustained level of volatility and revenue is unprecedented.”Of course, a big boost to revenue is always welcome. However, it’s the long-term growth story at IG that really interests me. And a discount of 8% to the share price earlier this month is not to be sniffed at, in my view. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. G A Chester | Friday, 27th March, 2020 | More on: BAG IGG PETS “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address See all posts by G A Chestercenter_img 3 FTSE 250 stocks I’d buy at their discount prices today Image source: Getty Images. Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended AG Barr. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img

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