Have £2k to invest? This FTSE 100 leader could pay you for the next 50 years

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Have £2k to invest? This FTSE 100 leader could pay you for the next 50 years 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’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. Our 6 ‘Best Buys Now’ Sharescenter_img Harvey Jones | Friday, 31st January, 2020 | More on: RKT 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. Enter Your Email Address Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. If you have, say, £1k or £2k to invest, and are happy buying individual company stocks, then you are spoilt for choice with the FTSE 100 at the moment.Long-term viewFollowing recent dips, the index of top UK blue-chip stocks is packed with top companies trading at bargain valuations.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…Stock markets are always volatile, and this year investors have been worrying about the US-China trade war, stand-off with Iran, and now the coronavirus. However, if you are investing for the long-term, by which I mean anything up to 50 years, you can afford to ignore these short-term ups and downs.Personally, I’m attracted to solid companies selling products that ordinary people will need far into future, and by that yardstick, I think you will struggle to do better than buy household goods giant Reckitt Benckiser Group (LSE: RB) inside a tax-free Stocks and Shares ISA.It offers a stream of everyday brands, many of which you are likely to find in your own kitchen and bathroom. We’re talking about Dettol, Strepsils, Airborne, Air Wick, Calgon, Clearasil, Cillit Bang, Durex, Vanish and more.Global heroIt doesn’t only sell these to UK customers but sells its products in more than 120 countries around the world. As well as its global products, Reckitt Benckiser also offers ‘local hero’ brands that may offer faster growth and higher margins.The Reckitt Benckiser share price usually trades at a premium valuation, typically around 22-24 times earnings, because investors are willing to pay extra for a quality long-term keeper like this one. Currently, it is relatively cheap by its own standards, trading at just 18.3 times earnings. That is due to a recent patchy performance, with the stock trading 8% lower than three years ago.Its most recent trading update, in October, show steady third-quarter growth of 1.6%, but weakness in its Health division (Hygiene Home is still growing nicely). CEO Laxman Narasimhan pinned Health’s “disappointing” performance on more cautious retailer seasonal purchasing patterns in the US, and challenging market conditions in China.50 years is a long, long timeI’m not too worried about this, remember, we are looking to buy and hold this stock for anything up to 50 years. In fact, I see this as a good opportunity to buy a relative bargain price, then bed in and wait for the recovery.Reckitt Benckiser continues to invest in its market-leader brands to build the business for the long term, and is working hard to boost its operational performance. Turning around its Health division could take time — Barclays’ analysts reckon three years, but they also said that success could lift its share price “significantly”.While you wait, you benefit from the 2.7% yield, nicely covered twice by earnings, which gives management plenty of scope to increase the payout over the longer run. This passive income stream should continue to climb over the years and decades. I would buy and hold Reckitt Benckiser with the aim of holding it until retirement and beyond. See all posts by Harvey Joneslast_img read more