2 of the best FTSE 100 stocks to buy to own until 2032!

There are plenty of top FTSE 100 shares for me to choose from as I try to build a winning portfolio. Here are two I’d look to own for the next decade.

| More on:

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.

I’m hunting for the best FTSE 100 shares to buy to own for the long haul. Here are two brilliant blue-chips I’d look to own for at least the next decade.

Betting on red (metal)

They say these days that when China catches a cold the world sneezes. So news that parts of the country are locking down again as Covid-19 cases hit two-year highs should come as a concern. The dangers to copper producers, for instance, are high given that Chinese red metal imports account for more than half of the global total.

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!

I wouldn’t let this dent my appetite for larger copper-producing stocks like Antofagasta (LSE: ANTO) though. This particular FTSE 100 firm is one of the world’s biggest producers of the versatile metal. And so it has the financial clout to weather tough economic conditions that could temporarily hit demand for its product.

A critical commodity

This means that Antofagasta remains in great shape to exploit the copper demand of the next decade. The red metal’s critical role in electric cars and vehicle-charging infrastructure should drive prices higher as the green transport revolution takes off. Copper’s high conductivity also means it’s widely used in other fast-growing markets like consumer electronics, construction and renewable energy technology.

Now, Antofagasta’s shares don’t come cheap. Today the Chilean mining giant trades on a historically-high forward price-to-earnings (P/E) ratio of around 18 times. However, this reflects the extreme shortage of copper today and the prospect that the metal’s values could keep soaring (it broke through $5 per pound for the first time ever last week). I think the stock is a great buy for me, despite that premium price.

A cheaper FTSE 100 stock

As a fan of value investing I’m also giving Airtel Africa (LSE: AAF) a close look today. For the year that’s about to begin (ending March 2023) the telecoms titan trades on a P/E ratio of just 9.8 times. This is inside the widely-regarded value benchmark of 10 times and below.

Airtel Africa only joined Britain’s blue-chip index in February following recent heavy share price gains. Over the past 12 months, the business has risen an impressive 74% in value, driven by a string of spectacular trading updates.

Sales are soaring

It’s thriving as demand for telecoms and financial services in its emerging markets soars. It operates in more than a dozen countries in sub-Saharan Africa, making it the second-largest telecoms provider on the continent. And it’s rapidly expanding its operations to exploit the encouraging market outlook to the max (underlying revenues soared 24.8% at constant currencies between October and December).

It’s true that Airtel Africa operates in a highly-regulated industry. This means that legislative obstacles can come along at any time to tarnish its growth plans. But as things stand, the firm looks on course to deliver terrific shareholder returns over the next decade.

FREE REPORT: Why this £5 stock could be set to surge

Are you on the lookout for UK growth stocks?

If so, get this FREE no-strings report now.

While it’s available: you'll discover what we think is a top growth stock for the decade ahead.

And the performance of this company really is stunning.

In 2019, it returned £150million to shareholders through buybacks and dividends.

We believe its financial position is about as solid as anything we’ve seen.

  • Since 2016, annual revenues increased 31%
  • In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259
  • Operating cash flow is up 47%. (Even its operating margins are rising every year!)

Quite simply, we believe it’s a fantastic Foolish growth pick.

What’s more, it deserves your attention today.

So please don’t wait another moment.

Get the full details on this £5 stock now – while your report is free.

Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Airtel Africa Plc. 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.

Should you invest the value of your investment may rise or fall and your Capital is at Risk. Before investing your individual circumstances should be considered, so you should consider taking independent financial advice.

More on Investing Articles

Social media and digital online concept, woman using smartphone
Investing Articles

Will Lloyds shares recover in 2022?

Lloyds shares have struggled this year and the looming recession won't help. But I'd still buy them today.

Read more »

Two hands holding champagne glasses toasting each other with Paris in the background
Investing Articles

Can the stock market make me rich even now?

Here are three ways I'm coping with the stock market's recent bout of weakness and aiming to build wealth in…

Read more »

Cogs turning against each other
Investing Articles

3 top investment trusts to buy right now

Investment trusts offer a wide range of options for investors. And in troubled times, they provide some safety through diversification…

Read more »

pensive bearded business man sitting on chair looking out of the window
Investing Articles

Why hasn’t the FTSE 100 crashed in 2022?

The catastrophic events of 2022 have left investors around the globe fearing the worst for stock markets. And some have…

Read more »

Trader on video call from his home office
Investing Articles

2 inflation-resistant FTSE 100 stocks to buy today

Soaring inflation could dent my returns if I don't take care. Here are two top inflation-resistant FTSE 100 stocks I'd…

Read more »

Tabletop model of a bear sat on desk in front of monitors showing stock charts
Investing Articles

Why a bear market is an investor’s best friend

A bear market can certainly be scary. But any investor tempted to sell might benefit by looking at Warren Buffett's…

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

The Rolls-Royce share price could be stuck below £1 for a while. Should I buy?

The Rolls-Royce share price has been trading at penny stock levels since April. Could the stock be a bargain at…

Read more »

Young brown woman delighted with what she sees on her screen
Investing Articles

I’m aiming to make £45,000 in passive income with UK shares and never work again!

Investing regularly in UK shares can generate a substantial passive income over the long run. Zaven Boyrazian demonstrates how.

Read more »