UK share investing: one of the best FTSE 100 stocks to buy now

first_img 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. 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. Our 6 ‘Best Buys Now’ Shares The past 12 months have been an extremely difficult time for many UK retail shares. Sales volumes in the UK fell at their sharpest-ever yearly rate due to Covid-19 lockdowns and the economic downturn. But JD Sports Fashion (LSE: JD) has been able to escape the broader bloodbath. Latest financials showed like-for-like sales up 5% year-on-year in the 22 weeks to 2 January.There are several reasons why this UK retail share has been able to keep on thriving. It’s the go-to high street retailer in fast-growing field of athleisure. JD Sports also has a significant e-commerce proposition which has enabled the company to offset the mass closure of its stores.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…An ambitious UK growth shareIn fact, while the distress signals coming out of the British retail sector have been deafening over the past year, this FTSE 100 stock has been stepping up its ambitious expansion programme instead. It felt confident enough to pay almost half a billion dollars in early February to acquire DLTR. The move expands its presence in the US even further following the $325m takeover of California-based Shoe Palace at the end of 2020.And the business raised £464.2m via a share placing in recent sessions to continue investing in expansion and to capitalise on future M&A opportunities. Indeed, the JD Sports board said: “There are a number of potentially attractive acquisition opportunities that will become available in due course and which will continue to support [our] successful global expansion strategy.”Flies in the ointment?Things might not continue to be plain sailing for JD Sports though. As I explained in a recent piece about Boohoo, signs are emerging that British consumers are beginning to rein in spending as the domestic economy struggles.The FTSE 100 business faces significant long-term dangers too. The growing importance of sustainability in consumers’ minds might damage UK fashion shares like JD Sports. Sales volumes could also take a significant hit if citizens reduce their wardrobe sizes. Rising demand for recycled clothes could also weigh on profits growth.An IBM report last summer showed that around six out of 10 consumers it surveyed were “willing to change their shopping habits to reduce environmental impact.”On top of this, fashion trends come and go with staggering haste, and while sportswear is popular right now, there’s no guarantee it will still be five or 10 years from now. Demand for JD’s products could well collapse through the floor.A FTSE 100 share on my ISA radarCity analysts reckon JD Sports’ long record of annual profits growth will continue over the medium term, at least. They forecast earnings rises of 19% and 23% in the financial years to January 2022 and 2023 respectively. This leaves the FTSE 100 share trading on a slightly-toppy forward price-to-earnings (P/E) ratio of 23 times.It’s important to remember that City estimates can fall short of expectations if trading conditions worsen. Still, this is a UK share I’d gladly add to my own Stocks and Shares ISA today. 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. “This Stock Could Be Like Buying Amazon in 1997” UK share investing: one of the best FTSE 100 stocks to buy now Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Image source: Getty Images Simply click below to discover how you can take advantage of this. Royston Wild | Sunday, 21st February, 2021 | More on: JD Enter Your Email Address Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended boohoo group. 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. See all posts by Royston Wildlast_img

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