Have £2,000 to invest? Here are 2 FTSE 100 turnaround shares I’d buy in an ISA today

first_img Our 6 ‘Best Buys Now’ Shares Have £2,000 to invest? Here are 2 FTSE 100 turnaround shares I’d buy in an ISA today “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. Alan Oscroft | Wednesday, 22nd July, 2020 | More on: NXT RMV 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! Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of Next. The Motley Fool UK has recommended Rightmove. 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.center_img I think introducing the Stocks and Shares ISA is one of the best things a UK government has done for investors for as long as I can remember. And it’s helped create around £1,000 ISA millionaires in the UK already. I reckon there are some great FTSE 100 buys right now that could significantly boost your own millionaire potential.The Covid-19 stock market crash has hit housebuilders hard. But I’ve long said the downturn in housing-related stocks is seriously overdone. And I’m seeing buys among estate agents too. And no, I’m not talking about that massive growth disappointment Purplebricks. I’m thinking of Rightmove (LSE: RMV).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…It’s easy to just point out that we’re still in the grip of a chronic housing shortage. And that housebuilders are already reporting big boosts to their order books. But during a squeeze, even good FTSE 100 companies can go under, so how is Rightmove doing? We should have first-half results from Rightmove on 7 August. Until then, we have the firm’s update from the end of June.Financial securityRightmove confirms the spike in buying interest since the lockdown has been partially lifted. But it also highlights some extra burdens faced by agents. The company says it “takes three months on average for housing transactions to complete which impacts the cash flows of our agents.” To that end, it’s been offering big discounts to its agents, and that will hit Rightmove’s own profitability.While unable to provide any guidance, Rightmove confirmed it has access to the Covid Corporate Financing Facility, but says it now does not expect to need to use it. Liquidity seems solid and I see no real chance of Rightmove struggling. And analysts are already forecasting a big rebound in 2021. Definitely an attractive FTSE 100 stock in my view.FTSE 100 retail stocksThe high street might seem too risky, but I rate Next (LSE: NXT) as one of the FTSE 100’s best.The Next share price is down 28% year-to-date, from a 50% drop at the worst of the crisis. I rate that still as a strong buy even now. Online shopping accounted for more than half of Next’s sales last year, and that’s a big strength. It’ll be more this year for sure, and not just because of the high street lockdown. Online sales have been booming since people can’t get out on foot.Still, total sales should be down heavily for the year, and analysts are expecting a big dip in profits. That could spell big trouble for a Footsie company carrying significant debt, but Next looks very safe on that front. April is some time ago now. But even then, when the Covid crash was at its worst, Next told us it was unlikely to need to draw on its additional lending facilities. It also predicted that it “will end the year with less net financial debt than at the end of last year.”A stock market crash can weed out the weakest, and that can give the strongest a kick start for future recovery. I view the FTSE 100 companies that come through this crisis in comfortable financial shape as having the potential to soar in the next few years. I firmly put Rightmove and Next among them. 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. 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. Enter Your Email Address See all posts by Alan Oscroftlast_img

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