3 FTSE 100 shares I’d buy now

first_img 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. See all posts by Kevin Godbold Click here to claim your free copy of this special investing report now! Remember Neil Woodford? He’s the fund manager whose stock-picking reputation did a ‘Grand Old Duke of York’.First, he marched to the top of the hill to become arguably the most praised and admired UK fund manager. But then he marched right down again to become maybe the most criticised.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…A common problemIn hindsight, the main reason for the latter poor performance of his funds appears to be his change of investment strategy. It’s such a common problem in the investment community that it’s earned a nickname: style drift.And I’ve lost count of how many times my style has drifted over the years. I’ve also done a good many grand-old-Duke-of-Yorks, particularly by watching once-winning investments turn into losing investments while continuing to hold them. And as I write this, my previous inaction seems so stupid!In the future, I expect to fall flat on my face many times more in life. So I’m not criticising Woodford for following his convictions. It didn’t work out as he planned and expected. But he had the courage to follow his heart. And now he’s reaping the consequences of his decisions, just as we all must, whether positive or negative.However, the Woodford affair does emphasise how we must all take responsibility for our investments and follow them carefully. For me, that means sometimes bailing out of a losing position before the damage becomes too great for my portfolio. And that includes managed funds, if necessary.Woodford was once greatBut the main lesson I’ve drawn from Woodford’s career is that his earlier strategy worked well. And that involved buying mostly FTSE 100 shares and stocks with large market capitalisations when they were out of favour and showing low-looking valuations. It also involved avoiding entire sectors when he saw trouble ahead. And those two levers often led him to sell out after shares had risen a long way, thus locking profits into his funds.His value investing wasn’t as dramatic as the likes of Benjamin Graham’s and Warren Buffett’s around the middle of the 20th century. Back then, they searched for a final ‘puff’ from deep-value ‘cigar-butt’ investments. And they’d often turn positions around in a shorter time frame than Woodford’s.However, US fund manager Peter Lynch ran part of his strategy in a similar way as Woodford’s earlier approach. So it was a proven technique, given all that success.FTSE 100 shares I’d buy nowAnd right now, I think there are several UK big-cap stocks with decent-looking quality and value characteristics that I’d consider buying for my ISA. For example, British American Tobacco and Imperial Brands in the out-of-favour tobacco and smoking products sector. And GlaxoSmithKline in the pharmaceutical sector, which has improving growth prospects although the stock price has been weak.However, there’s no guarantee these shares will perform well in the years ahead. Much depends on continued momentum in their underlying businesses. Nevertheless, I’d be inclined to embrace the risks and add them to my diversified portfolio now. 5 Stocks For Trying To Build Wealth After 50 Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Kevin Godbold | Saturday, 12th June, 2021 center_img Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended GlaxoSmithKline and Imperial Brands. 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. 3 FTSE 100 shares I’d buy now Enter Your Email Address 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. 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.last_img

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