Stock market crash: I’d buy these 3 FTSE 100 stocks for the long term

first_img G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended Softcat. 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. Enter Your Email Address Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares See all posts by G A Chester I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The stock market crash may or may not be over. The volatility of stocks could continue in the short term. This is because of the uncertainty over how long the Covid-19 pandemic will last. However, I’m seeing an abundance of attractive investment opportunities for long-term investors at current prices.With his in mind, here are three FTSE 100 stocks I’d buy today. I believe they’ll deliver big rewards in the coming years and decades. As such, I’d forget short-term volatility, and buy Rentokil Initial (LSE: RTO), Softcat (LSE: STC), and Whitbread (LSE: WTB) for the long term.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…Key demographic trendsRentokil posted strong numbers in its annual results on 27 February. It also said: “Looking forward into the new decade, key demographic trends such as urbanisation will enlarge our global pest control and hygiene markets.”The Covid-19 outbreak and stock market crash escalated rapidly after the results. However, I was impressed by the company’s Q1 trading update last week. Particularly its strategy for managing the business through the pandemic. For example, it previously had 1,000 specialist hygiene technicians. In just over three weeks, it’s re-trained a further 7,000 employees to perform disinfection and deep clean services.Parts of Rentokil’s business have been adversely impacted by Covid-19. However, I’m confident about its survivability. Hong Kong, where virus restrictions are being lifted, saw revenue growth of 34.5% in Q1. The long-term outlook is bright, in my view, and the shares, at 435.4p, are at a 17% discount to their high of less than two months ago.Stock market crash outperformerTechnology firm Softcat posted strong half-year results on 17 March. The provider of IT infrastructure products and services also said: “To date we have not seen a material impact from the ongoing Covid-19 outbreak.”Management commented positively on the outlook:“Given the strength of our business model, lack of any bank debt and a strong cash position, we will continue to invest in our business, and are confident in our ability to continue to build market share and drive profitable growth over the longer term.”Management has since turned somewhat more cautious. It said it’s taking “a prudent stance on cash conservation.” Nevertheless, I think this is another firm with strong near-term survival credentials, and exciting long-term growth prospects. The shares, at 1,111p, are at a 12% discount to their high in February, outperforming the FTSE 100.Stock market crash victimThe share price of Premier Inn owner Whitbread has fared rather more badly in this market crash than Softcat’s, Rentokil’s and the Footsie. At 2,700p, it’s at a massive 48% discount to its 52-week high.On 24 March, the company said: “Trading… has been materially adversely impacted by Covid-19.” Having already temporarily closed its pubs and restaurants businesses, it also announced the temporary closure of all its Premier Inn hotels in the UK with immediate effect. It said its nascent chain in Germany would also close.However, the company had good headroom on its funding facilities going into the lockdown. It also confirmed on Friday it’s eligible for the UK Government’s Covid Corporate Financing Facility.I think the business will survive. I also think it can repeat the multi-decade success of Premier Inn UK in its new market of Germany. As such, I reckon the deeply discounted share price in this market crash is highly attractive for long-term investors. Stock market crash: I’d buy these 3 FTSE 100 stocks for the long termcenter_img “This Stock Could Be Like Buying Amazon in 1997” 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. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. G A Chester | Monday, 20th April, 2020 | More on: RTO SCT WTB last_img

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