This FTSE 250 dividend payer isn’t the only stock I regret not buying in 2019

first_imgThis FTSE 250 dividend payer isn’t the only stock I regret not buying in 2019 Our 6 ‘Best Buys Now’ Shares 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. Image source: Getty Images. Given the strong performance of global equity markets in 2019, I’m pretty happy with the performance of my own portfolio over the last 12 months. A number of stocks I’ve held for a while have generated solid returns while most of the stocks I’ve bought during the year have performed quite well.That said, I’m kicking myself for not buying a few stocks that I analysed throughout the year. Here’s a look at three companies I regret not buying.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…ImpaxAsset manager Impax (LSE: IPX), which focuses on sustainable investment strategies, is a stock that I’ve been interested in for a while. The reason for this is that interest in sustainable investing is increasing at an exponential rate right now.Back in late October, IPX shares were trading at around 260p and the P/E ratio was around 20. That looked quite appealing to me and in a report on 24 October, I said that the stock was a ‘buy’. But unfortunately, I didn’t buy the stock myself. I regret that now, as the share price has climbed around 40% since then to 369p on the back of strong full-year results in which assets under management climbed 21% for the year.Would I buy Impax now? Probably not, to be honest. Given that the forward-looking P/E has climbed to 30, there’s not much value left, in my view. For now, the stock will remain on my watchlist.RestoreRestore (LSE: RST), which provides essential services such as document storage and shredding to offices and workplaces, is a stock that was well and truly beaten up in the final quarter of last year. Indeed, by early 2019, its P/E ratio was just 10 – an absurdly cheap valuation given the company’s growth.When I covered Restore on 18 March at 295p, I said that the stock was a ‘buy’ and that it deserved to trade on a P/E ratio of at least 15, meaning there could be 50% upside. However, I didn’t buy it myself and I regret it. Since then, the stock has soared to 554p on the back of strong results, which means that it has gained nearly 90%.Is there any value left now? Well, currently, analysts expect the group to generate earnings of 29.4p for next year. That puts the stock on a forward P/E of 18.8. That’s not outrageously expensive, however, it’s also not a bargain valuation. WorkspaceFinally, FTSE 250 property group Workspace (LSE: WKP), which provides flexible office, co-working, and meeting room solutions to fast-growing, early-stage companies in London. I listed WKP as my top stock for February but never bought it myself.Like so many other UK-focused companies, Workspace was hit by Brexit uncertainty throughout the year and there were several occasions when you could have picked the stock up for around 800p with a yield of 4%+. In hindsight, that was a bargain. Today the shares change hands for over 1,200p, meaning they’re 50% higher. With the forward-looking P/E ratio now at 26, the stock looks fully valued, in my view.Ultimately, the takeaway here is that short-term share price weakness can present fantastic buying opportunities. Throughout the year, WKP released some strong results and raised its dividend significantly, but this wasn’t reflected in the share price. If only I’d followed Warren Buffett’s philosophy and loaded up when others were fearful… Edward Sheldon has no position in any stocks mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. 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. Enter Your Email Addresscenter_img Edward Sheldon, CFA | Monday, 30th December, 2019 | More on: IPX RST WKP See all posts by Edward Sheldon, CFA Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. “This Stock Could Be Like Buying Amazon in 1997”last_img read more