Investing like Warren Buffett: I think these 2 ‘must own’ FTSE 100 shares are too cheap to miss

first_img Our 6 ‘Best Buys Now’ Shares 2020 has been a challenging year for FTSE 100 investors. Stocks of all varieties were sold off during the Covid-19 panic that sent people running the start of the year. It’s quite likely that things could get worse before they get better, too.On top of the worsening coronavirus crisis, the rising possibility of a hard Brexit, a messy aftermath of a fraught US presidential election, and fresh rounds of trade-related bickering between major global powers all threaten to push FTSE 100 share prices to the downside again.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…Keep the faith!I’m not fretting over the possibility of a new stock market crash, though. It’s important to remember that we investors don’t lose money when UK share prices fall. We only make a loss if we sell our shares at a cheaper price than what we originally buy it for. And as a long-term investor I’m confident that my Stocks and Shares ISA will recover in value during the inevitable economic recovery.In fact, I’ve continued to buy UK shares for my ISA despite the troubled economic landscape. I’ve followed the advice of legendary investor Warren Buffett who implores us to be “fearful when others are greedy, and greedy when others are fearful”. That way I hope to make a large profit as the stocks I buy today rebound in value from their current lows, driven by improving economic conditions and recovering investor confidence.2 FTSE 100 firecrackers on my radarLet me talk you through a couple of the top-class FTSE 100 shares on my watchlist today. I think they’re too cheap to miss after tanking during the 2020 stock market crash:Aviva has dropped 33% in value in 2020. And right now it can be picked up on a forward price-to-earnings (P/E) ratio of just 6 times. It’s a reading I think’s worth serious attention from long-term investors. The business has market-leading brands that will help profits to rebound strongly once economic conditions pick up. Meanwhile, the likely sale of its European and Asian assets will help the FTSE 100 firm in its plan to prioritise its major UK, Irish, and Canadian markets. It also underpins broker expectations of more chunky dividends – Aviva carries a 9.7% yield for 2020.I’d use the near-20% share price drop at DS Smith this year as a dip buying opportunity too. Like Aviva it offers plenty of all-round value for UK share investors. Alongside a forward P/E ratio of 12 times the packaging manufacturer sports a chubby 4.2% dividend yield. There are a few reasons I own the business in my ISA and am thinking of buying more following the recent price drop. It’s a brilliant play on the fast-growing emerging markets of Eastern Europe. The FTSE 100 firm’s recent expansion into the US has boosted its long-term earnings outlook even further. And I like the brilliant sales possibilities that the exploding e-commerce sector offers. Renowned stock-picker Mark Rogers and his 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. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. 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! 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.center_img Investing like Warren Buffett: I think these 2 ‘must own’ FTSE 100 shares are too cheap to miss Enter Your Email Address Royston Wild | Saturday, 17th October, 2020 Image source: Getty Images Royston Wild owns shares of DS Smith. The Motley Fool UK has recommended DS Smith. 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. See all posts by Royston Wildlast_img

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