FTSE 100 shares just had a record month – I’d buy these stocks now

July 5, 2021 0 Comments

first_img See all posts by Alan Oscroft FTSE 100 shares just had a record month – I’d buy these stocks now Image source: Getty Images 5 Stocks For Trying To Build Wealth After 50 Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. FTSE 100 shares gained 11% in November. That would be a cracking result for a year, never mind a month. But by any measure, it’s been the weirdest stock market year in the memories of most of us. The top index is still 15% down year-to-date, and people will surely be talking of the crash of 2020 for years. But my one big take is: what a great year it’s been for buying shares. Well, at least from March onwards.The mini recovery in November will have gladdened the hearts of many investors, but I’m hoping it will slow down a bit. Why? Because, over the next six to twelve months, I’m planning to put as much cash as I can into buying cheap shares. I’m looking at FTSE 100 shares, and FTSE 250 candidates too. Shares from any index, in fact.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…Which FTSE 100 shares to buy?What will I go for? I’m not going to buy into companies whose businesses have genuinely been damaged by the Covid-19 pandemic. So no Rolls-Royce for me, for example. Rolls has been a great company for many decades. But the problem is I don’t yet understand what it will look like, financially, when and if we ever get back to normal.I do, however, have BAE Systems on my list of possibilities. BAE shares are down 9% year-to-date, but I don’t see the business as having been fundamentally altered. It’s been among those FTSE 100 shares I’ve liked but never bought for years. And I reckon it’s selling at a bargain price now.Many years ago I almost bought Halfords shares. I’ve always thought it a well-focused and well-managed company. With hindsight I’m glad I didn’t, as it subsequently went through a wobbly spell. But now? I recently offered my thoughts on Halfords. It’s on the list.Financial sector comeback?The banks have been perpetually undervalued, haven’t they? Well, I’ve placed them among the best value FTSE 100 shares for years. They’re the bedrock of the economy, and other businesses simply can’t operate without them. Speaking of banks, I checked my shareholdings the other day to see I was precisely 50.00% down on Lloyds. Compared to earlier in the year, that’s a win.A Lloyds top-up is a possibility. But I also think Barclays has the potential to recover strongly in 2021. And I like the way HSBC is refocusing on its core markets and core strengths. I’ve always seen insurance stocks as good long-term investments too, though I do expect some cyclicality. I already own Aviva shares, but I also like the look of Legal & General.These are all FTSE 100 shares, and all buy candidates for me.Becoming more attractiveI went through a long spell of not liking Tesco. That started mainly after the firm’s decline, around the time Warren Buffett dumped them. And it continued through a few years of false starts for Tesco’s recovery. But the lockdowns have shown what a big advantage Tesco enjoys with its leading online delivery service. On the list it goes.Thinking of more FTSE 100 shares I’ve changed my mind over, I’m tempted by dividend prospects from Vodafone now. I’m even considering the riskier Russian steelmaker Evraz for potentially big yields too. Alan Oscroft | Wednesday, 2nd December, 2020 center_img Our 6 ‘Best Buys Now’ Shares 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. Click here to claim your free copy of this special investing report now! Enter Your Email Address Alan Oscroft owns shares of Aviva and Lloyds Banking Group. The Motley Fool UK has recommended Barclays, HSBC Holdings, Lloyds Banking Group, and Tesco. 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 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.last_img read more