These FTSE 100 shares’ prices have seen double-digit rises in 2 weeks. I’d buy them now

first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh | Wednesday, 11th November, 2020 Image source: Getty Images 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. 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. Towards the end of last week, I had flagged three FTSE 100 stocks I’d buy in November. My reasoning was that they are quite cheap. It appears that other investors thought so as well. A little over two weeks since I said that, all their share prices have shown double-digit growth. The Biden bounce and the hope of finally overcoming Covid-19 have led to a stock market rally, lifting fortunes of these stocks as well. ITV and DS Smith rallyThe biggest gainer among them is the FTSE 100 media company ITV, whose share price is up over 20% since. There’s little other news on the broadcaster until tomorrow, when it releases its trading update. I doubt if it would have returned to health given the sorry state of the economy and the tentative state of business. The outlook may also only be cautiously optimistic considering that we are back in lockdown in England. Yet, 2021 promises to be a better year, which could bode well for ITV, continuing to make it a stock I’d buy this month. 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…The FTSE 100 packaging provider DS Smith is the next biggest gainer, with close to 15% gain in share price since late October. Its upbeat trading update in the interim has undoubtedly added to the buoyancy in share price. According to CEO Miles Roberts: “We continue to be excited by the underlying drivers of demand…together with our focus on cost efficiency and cash generation, give us confidence in the business going forward.”  This, along with the fact that it has reiterated its decision to pay a half-year dividend, makes it an attractive stock for me to buy even now. Glencore’s close behindLastly, the FTSE 100 mining giant Glencore has also seen a 10% plus increase in share price. It too posted a production update since I last wrote about it, which showed an increase in production in the latest quarter on a sequential basis as the impact of Covid-19 reduced. It has maintained its production guidance for 2020 across all products, except coal. GLEN has its share of problems besides coronavirus, which include graft charges that threaten to derail its share price recovery. At the same time, the commodity cycle has clearly turned upwards with China’s fiscal stimulus and growth driving metals demand. Even with lower production, its financials may still be stable to growing as industrial metals’ prices stay strong. Other FTSE 100 optionsBesides these three, I think new buying opportunities have opened up among FTSE 100 components. While the market rally has driven up prices of long-battered stocks, some of the high-flyers are now seeing a sharp drop in share price. But, being fundamentally sound companies, I reckon it’s only a matter of time before they bounce back. I’m talking about the likes of Ocado, Just Eat Takeaway and London Stock Exchange Group. These are all good stocks at any point in time, but I think this good buying window might be a small one.  Enter Your Email Address See all posts by Manika Premsinghcenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! These FTSE 100 shares’ prices have seen double-digit rises in 2 weeks. I’d buy them now Simply click below to discover how you can take advantage of this. Manika Premsingh owns shares of Glencore and Ocado Group. The Motley Fool UK has recommended DS Smith, ITV, and Just Eat Takeaway.com N.V. 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. Our 6 ‘Best Buys Now’ Shares 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. 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