2 FTSE shares I’m poised to pounce on

I think stock market conditions look good for buying FTSE shares. But the problem for me now is that I am fully invested without any spare cash.

However, sometimes things can change quickly. Maybe I’ll sell any stock. Or perhaps the earnings will accumulate enough to cover another stock position. And of course there are outside opportunities to earn money from uncles who don’t know! But the latter is impossible.

However, my watchlist is active and up to date. And as soon as the reserve fund arrives, I will delve into deeper research with the aim of buying stocks for the long term.

Potential recovery

For example, I guess Dr. Martin (LSE: DOCS) has potential for recovery. The well-known boot manufacturer is having trouble with its new distribution center in Los Angeles. And on top of that, sales in America were lower than the directors expected.

But this is not for widows and orphans. In the short life of the stock market, the company has revealed the bad habit of spouting out profit warnings. And at prices close to 146p, the stock has plunged by almost 70% in the year.

However, I am optimistic that the company can solve the logistical problems. And I hope the strength of the brand will increase sales and profits down the road.

If further research encourages me, I will dip my toe in the water and buy some stocks. But perhaps I will start with a small position and increase it once I gain confidence in the business’s ability to turn itself around.

Strong dividend growth

But I also like to think from Sirius Real Estate (LSE: SRE). The company operates business parks that provide conventional space and flexible workspaces in Germany. And also has light industry, workshops, studios, and office units outside the city in England.

A year ago, the share price was close to 126p and it is now around 85p, representing a 32% decline. And now the price-to-book value is about 0.94 indicating a fair value.

But, for me, the appeal here is the dividend growth story. From the trading year till March 2017, the company missed a dividend. And it has been raised every year since.

In the future, City analysts expect shareholder payments to increase by just over 13% for the current year until March 2023. And 10% for the year until March 2024. Meanwhile, adjusting the prediction, the front-end result is just below. 6%

If the company reaches the dividend expectations, I would interpret the situation as confirming the confidence in the prospects of the directors. But there could be a general breakdown in the UK and German economies to undermine the forecast. So there is risk as well as potential upside with this stock as well.

But I watch these two FTSE stocks very closely. And I will be ready to attack when the time comes.