The Motley Fool

3 FTSE Shares Hitting New Highs: Reckitt Benckiser Group Plc, ASOS plc And Hikma Pharmaceuticals Plc

This week’s good start for the FTSE 100 (FTSEINDICES: ^FTSE) has taken a bit of a step back today, with a fall of 34 points to 6,479 by early afternoon. But the UK’s top-tier index does seem to be creeping back up towards the 13-year record set on 22 May, of 6,876 points — only 397 points to go!

But even if the FTSE is faltering, there are plenty of companies setting new individual records. Here are three from the various indices achieving just that:

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...

Reckitt Benckiser

Shares in Reckitt Benckiser Group (LSE: RB) soared to a 52-week high of 4,986p today, taking them up nearly 40% over the 12-month period — and that’s pretty good going for a $35bn FTSE 100 giant.

The firm, which owns a large number of cleaning, health and other household brands, has been growing its earnings per share (EPS) year-on-year and steadily lifting its dividend. But that strong share price rise will make it look a bit overpriced now to some, as full-year forecasts actually suggest no EPS growth this year and put the shares on a price-to-earnings (P/E) ratio of over 18. With an expected dividend yield of only around 3%, is the strong share price the result of a retreat to safety in these volatile times?


If you want a business that’s rarely considered “safe”, you wouldn’t be far out choosing the fickleness of the fashion trade. But that hasn’t stopped the share price of online clothes retailer ASOS (LSE: ASC) from more then doubling over the past 12 months, to touch on a high of 4,453p yesterday afternoon — so far today it’s down on that, at 4,350p.

When we look at growth shares like this, we’re getting into seriously stratospheric P/E multiples — and though analysts are forecasting a 60% rise in EPS for ASOS this year, that still leaves the shares on a P/E of 90! To put that into some perspective, earnings would have to grow more than sixfold to bring that down to the FTSE’s long-term average of 14. Either that, or the share price would have to fall.


Hikma Pharmaceuticals (LSE: HIK) shares hit a 52-week high of 1,100p this morning, and are 3p down on that just after midday — still up 24p on the day so far. After an interim update in May, a further announcement this week that “…all of our businesses have continued to perform well” and a prediction of a 17% rise in revenue for the year have helped push the share price up more than 60% over the past year.

Current forecasts put the shares on a forward P/E of over 20, but if Hikma turns out to be a good growth company with a few years of rising earnings ahead of it, it could turn out to be a bargain.

Finally, if you’re looking for high-performing top-drawer shares that should take you all the way to a comfortable retirement, I recommend the Fool’s special new report detailing five blue-chip shares. They’ll be familiar names to many, and they’ve already provided investors with decades of profits.

But the report will only be available for a limited period, so click here to get your hands on these great ideas — they could set you on the road to long-term riches.

> Alan does not own any shares mentioned in this article.

“This Stock Could Be Like Buying Amazon in 1997”

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!

Our 6 'Best Buys Now' Shares

The renowned 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.

Simply enter your email address below to discover how you can take advantage of this.

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.