2 cheap FTSE 250 shares I’d buy during the summer sales!

2 cheap FTSE 250 stocks I'd buy during the summer sales!

Private healthcare providers such as Spire Healthcare Group (LSE:SPI) are thriving due to increasing pressure on the National Health Service (NHS).The number of patients paying for treatment or using private health insurance is rising sharply in response to long waiting lists.

 Meanwhile, the number of patients referred to the NHS is also growing strongly as state hospitals struggle with patient numbers.Last year Spire received a quarter of its revenue from the NHS. It helped lift revenue and adjusted operating profit by 8.3% and 30.2% to £1.2bn and £105.6m, respectively.

Despite government assurances to reduce waiting lists, the number of patients seeking treatment continues to rise. In fact, it hit a new high of 7.6m at the end of June. Businesses like Spire look set to continue to trade strongly, given the continued underinvestment in public services.

City analysts share my opinion. Backed by the firm's May statement that "good momentum continues from late last year," he thinks earnings will jump 35% in 2023 and another 74% next year. A further increase of 33% is also estimated for 2024.This makes the company's shares look extremely cheap. The growth ratio of 1.1 for this year will drop to 0.3 and 0.5 for 2024 and 2025. A reminder that anything below 1 means the stock is undervalued.

Private healthcare groups like this one can struggle to fill vacancies amid a shortage of nursing professionals. In this environment, it can also be expected to pay significantly higher wages compared to previous years. However, I still expect the company to continue to grow earnings strongly.Babcock International Group

Engineering Babcock International Group

is another value stock on my radar this summer. An increasingly volatile geopolitical situation suggests that sales of its defense products should remain rock solid.

Global arms spending reached record highs last year and is projected to grow significantly for the rest of the decade. Analysts at The Business Research Company, for example, expect the defense market to post annual sales of more than $838 billion by 2031. This is a significant increase from $474.7 billion in 2021.

Babcock, which provides engineering services for ships, aircraft and ground vehicles, is already proving its ability to thrive in this environment. Organic revenue rose 10% to £4.4bn in the year to March, while backlog grew organically by 7% to £9.5bn.

Forecasters believe the FTSE 250 company's earnings will rise significantly over the medium term, at least. Annual profits are expected to jump 112% this financial year. A further 11% increase is also expected for the financial year 2025.

As a result, the company trades with forward PEG ratios of only 0.1 and 0.8 in these years. Despite the constant risk of problems with the project's development, I think Babcock stock is a great buy today.Of course, past performance is no guarantee of future results. However, we think it is now stronger than ever. Surprisingly, you may never have heard of this company.

Still, there's a 1 in 3 chance you've used one of her 250 brands. Many are household names with millions of monthly website visitors, often helping consumers compare items, shop and save.Now that the “cost of living crisis” is biting, we believe its impact could be on the rise. And that could bring immediate new profits to investors who are in position today. So please don't leave without your FREEbie

 With the warm summer, the stock market also grows with attractive discounts on various assets. Among the potential gems awaiting investors, two notable FTSE 250 stocks caught our eye. In this article, we delve into these budget-friendly opportunities that have the potential to offer significant returns. So let's uncover the top 2 cheap FTSE 250 stocks that are ripe for the picking during this year's sell-offs!

Unlocking value in the travel sector

One industry that has taken the brunt of the pandemic is travel and tourism. However, within this sector lies Company A, a FTSE 250 share that has shown impressive resilience despite the challenges. With the gradual easing of international travel restrictions and pent-up wanderlust, now may be the perfect time to seize this travel-related opportunity. FTSE 250 shares, discount shares, travel sector, pandemic resilience, international travel, summer sales, potential returns.

 Tech Brilliance at a bargain price

The technology industry continues to be a major driver of growth and innovation, and Company B is a shining example of this potential. This FTSE 250 technology gem boasts a solid history of delivering cutting-edge solutions, and its current discount valuation represents an interesting entry point for investors looking to diversify their portfolios.FTSE 250 technology stocks, discounted technology stocks, innovation, growth potential, diversified portfolio, summer share sales.

Why these stocks stand out:

Strong fundamentals: Both A and B demonstrate strong financial fundamentals, even in the face of economic uncertainty. Their sound management practices and adaptability make them prime candidates for long-term investment.Discounted valuation: Current market conditions have resulted in these FTSE 250 shares being undervalued, making them attractive options for value investors looking for quality shares at discounted prices.

Industry Opportunities: Company A's involvement in the travel sector allows it to benefit from the expected recovery in global travel demand. Company B's technological prowess, meanwhile, is in line with ongoing digital transformation trends across industries.Potential Returns: By entering the market during the summer sell-off, investors have a chance to assess the potential future growth of these stocks, leading to higher returns over time.

Summer sales aren't just for retail therapy – they're also an opportunity to make smart stock market investments. Both A and B, two discounted FTSE 250 stocks, hold the promise of substantial returns for savvy investors. With their strong fundamentals, industry opportunities and growth potential, these stocks offer an attractive proposition during this discount season.

 As always, investors are advised to do their due diligence and consider their risk tolerance before making any investment decision. Don't miss your chance to add these promising stocks to your portfolio and bask in the rewards!