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£2,000 to invest? I’d buy these 2 FTSE 100 shares for my ISA

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With £2,000 to invest, you could spread the money between two FTSE 100 shares. I think these consistent dividend-growing companies have a reasonable chance of out-performing their index in the years ahead.

Information-based analytics and decision tools

Relx (LSE: REL) provides information-based analytics and decision tools to markets around the world. I like the company because it has a long record of steady trading and growing financial figures. For example, over the past five years, revenue has ballooned around 37%, operating cash flow is almost 70% higher and normalised earnings per share have risen by more than 100%.

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Meanwhile, shareholders have enjoyed the company’s success too, because the dividend and the share price have both risen around 75% over the period. And I think there is more to come from the firm in the years ahead.

In a trading update in October, the directors said they were “confident” the firm would achieve underlying growth in revenue and adjusted earnings per share for the full trading year in 2019. Meanwhile, with the share price close to 1,848p, the forward-looking earnings multiple for 2020 sits just below 19 and the anticipated dividend yield is around 2.7%.

Relx isn’t an obvious bargain, but it scores well against quality indicators and has a good trading record. I’d buy some of the shares for that growing dividend and with a long-term investment horizon in mind.

Inspection, testing and certification services

Intertek (LSE: ITRK) provides assurance, inspection, product testing and certification services internationally and has a network of more than 1,000 laboratories in around 100 countries. I like the firm because of its consistent record of trading. Indeed, over the past five years, revenue has risen around 43%, operating cash flow is more than 70% higher, and normalised earnings per share have shot up just over 77%.

Shareholders have done well over the period too, with the dividend rising a little over 117% higher and the share price rising by around 110%. I reckon there could be more to come for investors. In August in the half-year report, the company said it expected the full 2019 year to deliver good” organic revenue growth at constant currency rates in each of its three divisions of Products, Trade and Resources. The directors said they were “confident” about the growth prospects in the global Quality Assurance market.

But with the share price close to 5,292p, the valuation looks full. The forward-looking earnings multiple for 2020 sits just above 23 and the anticipated dividend yield is a little higher than two.

However, the quality indicators look robust and it’s rare to find decent growing firms at bargain-basement valuations in the FTSE 100. I’d handle this share by aiming to buy on dips and down-days with a long-term investment horizon in mind.

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Cybersecurity is surging, with experts predicting that the cybersecurity market will reach US$366 billion by 2028more than double what it is today!

And with that kind of growth, this North American company stands to be the biggest winner.

Because their patented “self-repairing” technology is changing the cybersecurity landscape as we know it…

We think it has the potential to become the next famous tech success story.

In fact, we think it could become as big… or even BIGGER than Shopify.

Click here to see how you can uncover the name of this North American stock that’s taking over Silicon Valley, one device at a time…

Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Intertek and RELX. 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.

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