I think these are the best FTSE 100 shares to buy now

first_img T Sligo | Monday, 17th August, 2020 | More on: AUTO RMV 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. Simply click below to discover how you can take advantage of this. The FTSE 100 has now fallen by 18% year-to-date, creating possibly one of the best opportunities to buy shares in recent times.  However, with many industries having been severely impacted by the coronavirus outbreak, it pays to buy stocks carefully. It’s difficult to predict which companies will thrive and which will collapse.For long-term buyers, I think the following companies could be the best FTSE 100 shares to buy and hold now.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…RightmoveOn the face of it, Rightmove (LSE: RMV) shares might seem a bit on the expensive side. Currently, the stock is trading with a price-to-earnings ratio of 31, with only a modest decrease in share price of almost 2% year-to-date. However, with its competitive edge against rivals, I think Rightmove shares are still worth investigating further.In these times, it’s worth remembering Warren Buffett’s number one rule of investing: “never lose money.” It’s sometimes better to pay a premium for a wide margin of safety. FTSE 100 shares with an edge against rivals often perform the best in the index.Of course, Rightmove has been impacted by the coronavirus outbreak. In its half-year report, released 7 August, the business announced that revenue was down by 34% to £94.8m. Profit declined by 43% to £61.7m.Although these figures are worrying, potential investors’ concerns might be eased when considering that much of the year-on-year reduction in revenue is due to Rightmove’s generous 75% discount it offered customers between April and June. As things start to slowly turn back to normal, I’d expect Rightmove’s revenue to return to previous levels.If you’re looking for a house to buy, I imagine the first place you’d look would be Rightmove. This is evidenced by its market share of time on-site at 88%. Most estate agents can’t miss out on the opportunity to list properties on Rightmove.The best FTSE 100 share to buy now?Another share worth examining is Auto Trader (LSE: AUTO).Like Rightmove, I think this is the first place people will look when buying a used car. In my eyes, this competitive edge makes it one of the best FTSE 100 shares to buy.Unsurprisingly, with the closure of garage forecourts during lockdown, Auto Trader’s share price has dropped by almost 4% year-to-date. This makes its price-to-earnings ratio 25.Like Rightmove, in light of the coronavirus outbreak, Auto Trader was generous to its retail customers. It held off charging them for advertising during April and May and gave a 25% discount in June.Traffic to the website has increased lately, with cross-platform audience numbers up by 28% in the first three weeks of June. This might be because commuters are looking at alternatives to public transport.With its share price on a downward spiral this year, I think now could be one of the best opportunities to buy this FTSE 100 share. I think these are the best FTSE 100 shares to buy now 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. “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.center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by T Sligo Image source: Getty Images. T Sligo has no position in any of the shares mentioned. The Motley Fool UK has recommended Auto Trader and Rightmove. 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.last_img read more

BP energy outlook sees global fossil fuel demand falling for first time this year

first_imgBP energy outlook sees global fossil fuel demand falling for first time this year FacebookTwitterLinkedInEmailPrint分享Reuters:Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.BP’s 2020 benchmark Energy Outlook underpins Chief Executive Bernard Looney’s new strategy to “reinvent” the 111-year old oil and gas company by shifting renewables and power. It includes three scenarios that assume different levels of government policies aimed at meeting the 2015 Paris climate agreement to limit global warming to “well below” 2 degrees Celsius from pre-industrial levels.Under its central scenario, BP forecasts COVID-19 will knock around 3 million barrels per day (bpd) off by 2025 and 2 million bpd by 2050. In its two aggressive scenarios, COVID-19 accelerates the slowdown in oil consumption, leading to it peaking last year. In the third scenario, oil demand peaks at around 2030.While the share of fuels has shrunk in the past as a percentage of the total energy pie, their consumption has never contracted in absolute terms, BP chief economist Spencer Dale told reporters.“(The energy transition) would be an unprecedented event,” Dale said. “Never in modern history has the demand for any traded fuel declined in absolute terms.” At the same time, “the share of renewable energy grows more quickly than any fuel ever seen in history.”Even with energy demand set to expand on the back of growing population and emerging economies, the sources of energy will shift dramatically to renewable sources such as wind and solar, Dale said. The share of fossil fuels is set to decline from 85% of total primary energy demand in 2018 to between 20% and 65% by 2050 in the three scenarios. At the same time, the share of renewables is set to grow from 5% in 2018 to up to 60% by 2050.[Ron Bousso]More: Fossil fuel demand to take historic knock amid COVID-19 scars: BPlast_img read more

Oliver scores Stock Car win at Benton County Speedway

first_imgJohn Oliver Jr. broke the stranglehold of the IMCA Sunoco Stock Car field by the Murty family. Oliver held both Dallon and Damon Murty at bay in recording the win. Oliver took the lead when the green flag waved from his outside front row start and led flag to flag in recording the win ahead of Dallon and Damon Murty.  The IMCA Sunoco Hobby Stock main event win went to 18-year-old Kaden Reynolds on Sunday night. Reynolds found the extreme high side of the multi-grooved track to his liking in sailing to the win. Reynolds took the lead away from birthday celebrant Joren Fisher and went on to hold off several challenges by Nathan Ballard in scoring the win.   The IMCA Modifieds saw 21 drivers take the initial green flag with Austin Kuehl from Cave Creek, Ariz., leading several laps before BCS regular Troy Cordes took over the top spot. Cordes’ lead was short lived as one of Iowa’s hottest Modified drivers took over the top spot. Tom Berry Jr. advanced from a ninth position start and took the lead just past the midway point and went on to score the a hard fought win over Cordes and Kuehl.   Sunday, Aug. 16 will be another full night of racing at The Bullring on kids’ “Back To School Night.” Backpacks loaded with back to school supplies will be among the many giveaways for the kids plus Power Wheel races will return for the second time this season. Hot laps will take to the track at 6 p.m. with racing to follow.center_img Another 21 car starting field took the green flag in the Karl Kustoms Northern SportMods on Sun­day night. Kyle Olson led early from his outside front row starting spot before giving way to Ben Chapman. The 1JR of Chapman has been a frontrunner all year but Sunday night was his first win of the season. Joe Docekal, who also was recorded as the leader during the main event, set­tled for second ahead of Tony Olson.  VINTON, Iowa (Aug. 9) – The Benton County Speedway hosted 114 race teams on a warm and sultry night that saw a great crowd witness a wildly entertaining night of racing.last_img read more