2 FTSE 100 must-buy stocks for me in a  stock market crash

The stock markets might be doing well, but Manika Premsingh believes that she should always be ready with her investing wish-list in case of a crash. 

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Yesterday was a good day for the FTSE 100 index. It rose above 7,300 for the first time in December, after fears of the Omicron virus led to a wobble in the stock markets recently. Clearly then, it appears that investor confidence is returning. And if the index continues to rally through the rest of the month, my earlier prediction that it could conceivably rise to 7,500 by year-end might just happen. 

As optimistic as I would like to be, however, I think it is also prudent to prepare for things to go wrong. There have been plenty of times this year when the stock markets looked like they were close to melting down. We have not seen a full-blown market crash, but there has been more than one day when my portfolio has been completely in the red, thanks to ongoing pandemic-driven challenges. So especially when the going is good, I like to remind myself what to buy if a stock market crash were to happen tomorrow. I do not want to be stuck not knowing what to do when the best stocks around become available at deep discounts. 

Inflation Is Coming

Inflation is out of control, and people are running scared. But right now there’s one thing we believe Investors should avoid doing at all costs… and that’s doing nothing. That’s why we’ve put together a special report that uncovers 3 of our top UK and US share ideas to try and best hedge against inflation… and better still, we’re giving it away completely FREE today!

Click here to claim your copy now!

JD Sports Fashion: an unstoppable FTSE 100 stock

The first such stock I would buy is JD Sports Fashion (LSE: JD). The FTSE 100 athleisure retailer has shown stellar stock market performance for a while now. And there is a whole new reason to like the stock now. It just did a stock split, so every share of the company became five shares. This means that for the price of one share earlier, I can now buy five shares. As can be imagined, this has resulted in a massive price drop per share.

It is now available for a little over 200p. But the low absolute value should not fool me. It is a solid stock that has seen massive gains over the years. I expect that it would continue to see big gains in the future, which is why I just increased my holdings as well. 

Of course being a retailer, there is always the risk that it could face challenges again if we were to go back into lockdowns. And this would now be at a time that it has made some acquisitions. This could add greater complexity to its situation. But going by its long-term performance, I am fairly confident it could bounce back. 

Croda International: consistently performing

Croda International is another FTSE 100 stock for me to buy. The speciality chemicals’ manufacturer looks prohibitively expensive with a price-to-earnings (P/E) ratio of 55 times. But a look at its long-term share price chart tells me why. The stock has pretty much consistently been rising over the years, so clearly investors are ready to buy it at a premium. And its performance has been strong too. It goes without saying that past performance is no guarantee of future returns, but is nevertheless a strong indicator. 

A market crash could be just the right time for me to buy this high performing stock on dip. 

More on Investing Articles

Woman looking at a jar of pennies
Investing Articles

I think the JD Sports share price is a bargain. Here’s why

Our writer explains why the JD Sports share price has led him to buy more for his portfolio.

Read more »

Portrait of elderly man wearing white denim shirt and glasses looking up with hand on chin. Thoughtful senior entrepreneur, studio shot against grey background.
Investing Articles

Is this tech stock one of the best shares to buy now?

Jabran Khan is on the hunt for the best shares to buy now for his holdings and takes a closer…

Read more »

Business development to success and FTSE 100 250 350 growth concept.
Investing Articles

3 top FTSE 250 shares to buy right now

I think the FTSE 250 is offering some great dividend and growth shares at the moment. And there are plenty…

Read more »

Happy retired couple on a yacht
Investing Articles

This growth stock has seen its shares pull back! Should I buy now?

When a growth stock sees its share price drop, I look carefully to see if I could pick up a…

Read more »

Passive income text with pin graph chart on business table
Investing Articles

How to identify the best income shares like this one

Income shares vary in quality but this approach keeps me from making some of the worst howlers with dividend investing.

Read more »

Mindful young woman breathing out with closed eyes, calming down in stressful situation, working on computer in modern kitchen.
Investing Articles

If I’d invested £1k in Tesla shares a year ago, here’s how much I’d have now

If Jon Smith had bought Tesla shares a year ago, he'd be in profit. But he has some concerns for…

Read more »

Twenty pound notes in back pocket of jeans
Investing Articles

Should I buy tobacco shares now for big dividends?

After a possible setback for electronic cigarettes, our writer explains why he would still buy tobacco shares for his income…

Read more »

a couple embrace in front of their new home
Investing Articles

3 FTSE shares I’m buying with the Help to Build scheme!

Last week, the government launched a new, Help to Build scheme. So, here are three FTSE shares that could benefit…

Read more »