The Motley Fool

3 FTSE 100 Shares Hitting New Highs: NEXT plc, Land Securities Group plc and InterContinental Hotels Group PLC

The FTSE 100 (FTSEINDICES: ^FTSE) has been hovering close to setting a new 14-year record all week — all it had to do was beat last May’s peak of 6,876 points. But weak US economic data yesterday sent the index to a 53-point fall by close, and today the top London index is down a further 41 points. That record was looking set to fall, but it’s going to take a bit more time yet.

Meanwhile, we do have some FTSE 100 shares setting their own records. Here are three:

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...

NEXT

NEXT (LSE: NXT) shares reached a new 52-week high yesterday, of 6,425p, before dropping back to 6,350p by close of trading — and today they’re back up a little, to 6,384 by mid-morning.

NEXT’s expectations-busting Christmas trading, together with the announcement of a one-off special dividend of 50p per share earlier this month, certainly helped, and the shares are now up more than 55% over the past 12 months while the FTSE 100 hasn’t even managed 10%.

NEXT is expecting pre-tax profit of £684-700m for the year ending 25 January, for a rise of 10%-12.6%, and basic earnings per share should be up between 21.6% and 24.5%.

Land Securities

A recovering property market along with general economic strengthening has helped Land Securities Group (LSE: LAND) shares to a gain of 28% over the past 12 months, reaching a high of 1,055p yesterday — at the time of writing today the price stands at 1,049p.

The real estate investment trust released a third-quarter statement on 22 January, telling us of “continued high levels of activity across its business“, with a number of developments in London going well and occupancy improving. Demand for retail property in good locations is apparently strong.

InterContinental Hotels

Shares in InterContinental Hotels Group (LSE: IHG) hit a new closing high of 2,038p on Wednesday, and today they’re trading at the 2,034p level.

That gives us a relatively modest 12-month gain of just under 10%, but over five years we’ve seen a rise of better than 250% with the FTSE 100 up just 65%.

The shares are on a relatively high P/E of nearly 22 going forwards, but there is reasonable earnings growth forecast for three years.

“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!

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

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.