Finding the best stock to buy now can be a useful exercise for investors. It may allow them to discover high quality companies that trade at low prices.Over time, they may offer Excellent return Than others FTSE 100 Stocks that lead to Larger portfolio It’s worth it in the long run.
With that in mind, here are five FTSE 100 strains that have potential for long-term growth. They can realistically double the initial cost of investors as a result of their competitive advantage and strategy.
The best stock to buy now in a wide economic moat
While deciding which stock is best to buy now, it’s clearly subjective. In many cases, such companies may have a wide range of economic moats. For example, it can be cheaper than your own product, strong brand, or rival. Over time, this may allow them to offer higher returns that lead to improved stock performance.
Two such companies Diageo And Reckitt Benckiser.. They experienced various operating conditions in 2020. However, both have a wide range of brands and may offer a competitive advantage over their peers. As the outlook for the global economy improves, they may post impressive results that lead to higher valuations and higher stock prices.
FTSE 100 shares with sound strategy
FTSE 100 stock companion ABF And Berkeley It may also be one of the best stocks to buy now. They have experienced difficult operating conditions for the last few months. They may even struggle to achieve improved financial performance in the short term due to the turmoil caused by the coronavirus.
However, the focus of ABF’s budget fashion in retail may mean that it is becoming more and more popular among UK and European consumers, but their confidence is low and unemployment is rising. I am. Similarly, Berkeley can benefit from a gradual return to normal after the coronavirus. Indeed, its large net cash position and dominant market position offer growth opportunities in the coming years.
in the meantime, Fresnillo It may be one of the best stocks to buy now. Gold and silver miners are improving their performance after a tough time. Despite the high uncertainty of the global economy, it may enjoy attractive operating conditions that drive stock prices to rise compared to other FTSE 100 shares.
Building a portfolio of UK equities
Obviously, it’s important to spread among the best stocks to buy now. Investors can face high risk and low returns by owning a small number of companies. Especially if one or more holdings experience a disappointing period.
As a result, having a wide variety of companies doing business in different sectors and regions can be a healthy move. It can lead to more resilient returns and can double the value of the portfolio in the long run.
Peter Stevens It owns shares in Berkeley Group Holdings, Diageo, Fresnillo, and Reckitt Benckiser. The Motley Fool UK recommends Associated British Foods, Diageo, and Fresnillo. The views expressed about the companies mentioned in this article are those of the author and may differ from the official recommendations made by subscription services such as Share Advisor, Hidden Winners, and Pro. Here at The Motley Fool, by considering different insights, Better investors than us.
Best Stocks To Buy Now: I Believe These FTSE 100 Stocks Can Double My Money
https://www.fool.co.uk/investing/2020/12/31/best-shares-to-buy-now-i-believe-these-ftse-100-shares-could-double-my-money/ Best Stocks To Buy Now: I Believe These FTSE 100 Stocks Can Double My Money