Have £1,000 to invest? I’d buy these 2 bargain FTSE 100 shares in this stock market crash

Home   /   Have £1,000 to invest? I’d buy these 2 bargain FTSE 100 shares in this stock market crash

first_img The FTSE 100’s recent market crash and subsequent rebound may leave many investors feeling uncertain about the index’s future. After all, a global economic recession seems highly likely in 2020. And this could hurt the FTSE 100’s price level in the short run.However, the valuations of many large-cap shares suggest that they offer long-term growth potential. As such, now could be the right time to invest £1,000 in these two FTSE 100 shares as part of a diversified portfolio that has a long-term focus.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…SSEThe recent update by renewable energy business SSE (LSE: SSE) bucked a wider trend among FTSE 100 dividend stocks. The company announced that it will pay a dividend for the most recent financial year, and also plans to pay the dividend as expected for the current financial year.This could increase demand among income investors for the company’s shares. That is especially so as many of its large-cap peers have announced dividend cuts or delays due to the economic impact of the coronavirus.Of course, SSE stated in its update that it is too early to determine to the overall impact of coronavirus on its financial performance. However, it has a business model that may be less closely correlated with the economy’s outlook than is the case for many of its FTSE 100 peers. As such, it may offer defensive appeal at an uncertain time for the world economy.With SSE offering a dividend yield of 6.5%, it seems to offer a margin of safety at its current price level. It plans to raise dividends by at least as much as inflation over the coming years. This could mean that it produces a relatively strong total return following the recent market crash.FTSE 100 beverages company DiageoAnother FTSE 100 share that could offer long-term growth potential is alcoholic beverages company Diageo (LSE: DGE). Its share price has fallen by around 13% since the start of the year. And this could mean that it offers relatively good value for money.Clearly, the company is likely to be affected by the impact of the coronavirus. The closing down of pubs, bars and restaurants across many of its key markets means that demand for its products is likely to have fallen. However, with a strong balance sheet and loyal customers across its range of brands, it seems likely to enjoy a strong recovery in the coming years.As such, now could be the right time to buy Diageo as it has a solid position in emerging markets, as well as an enviable range of popular brands in established markets. Its plans to conserve cash in the short run may aid its capacity to not only survive the present economic difficulties facing the world economy, but to emerge from them in a stronger position compared to its sector peers. 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. Peter Stephens | Monday, 11th May, 2020 | More on: DGE SSE Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. Simply click below to discover how you can take advantage of this.center_img Peter Stephens owns shares of Diageo and SSE. The Motley Fool UK has recommended Diageo. 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’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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Have £1,000 to invest? I’d buy these 2 bargain FTSE 100 shares in this stock market crash See all posts by Peter Stephenslast_img

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