Barclays looks cheap - but don’t touch it

Barclays shares have fallen to the point where they’re now looking cheap. But that doesn’t mean you should buy them. Ed Bowsher explains why, and looks at what to buy instead.

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Barclays: facing serious challenges

Shares in Barclays (LSE: BARC) have fallen 5% this week. And deservedly so: if you announce soaring bonuses for investment bankers while profits are falling, there's always going to be trouble.

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Ed Bowsher

Ed has been a private investor since the mid-90s and has worked as a financial journalist since 2000. He's been employed by several investment websites including Citywire, breakingviews and The Motley Fool, where he was UK editor.

 

Ed mainly invests in technology shares, pharmaceuticals and smaller companies. He's also a big fan of investment trusts.

 

Away from work, Ed is a keen theatre goer and loves all things Canadian.

 

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