Forget the HSBC share price! I think this is a great FTSE 100 for both income and growth

first_img Andy Ross | Saturday, 12th December, 2020 | More on: AV ULVR Forget the HSBC share price! I think this is a great FTSE 100 for both income and growth See all posts by Andy Ross 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. 5 Stocks For Trying To Build Wealth After 50 Andy Ross owns no share mentioned. The Motley Fool UK has recommended HSBC Holdings and Unilever. 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. 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. Our 6 ‘Best Buys Now’ Sharescenter_img Image source: Getty Images Enter Your Email Address Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Click here to claim your free copy of this special investing report now! The HSBC (LSE: HSBA) share price has been a big winner from the stock market rebound following positive vaccine news. So much so I no longer think the shares are a buy. Indeed, I’ve recently taken the chance to dump my entire modest stake. Instead, I’m trying to find great FTSE 100 shares that can provide year-on year-income from dividends and share price growth.One such share, in my view, is Unilever (LSE: ULVR). Another is Aviva (LSE: AV). I expect both will be able to outperform HSBC over the next year and also over a longer timeframe of say three or five years. 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…A FTSE 100 share with more growth potential than the HSBC share priceUnilever owns well-known brands across the food, beauty, and home care categories. These include Ben & Jerry’s, Dove, and Domestos. Strong brands give it pricing power, which helps keep margins high. It’s a business that has fantastic economies of scale. It can also acquire smaller, faster growing brands. This means it can stay relevant with consumers. All this combines nicely I think for good sustainable, long-term growth. Many professional money managers agree. Rob Burgeman of Brewin Dolphin says: “It’s a great company in which to own shares. It makes real things that real people need – and pays a real dividend. The yield is 3.29 per cent”. He’s far from the only fan. Finsbury Growth & Income investment trust has 10.7% of its assets in Unilever, while Lindsell Train Global Equity fund also has the FMCG as the top holding. The manager of both, highly respected Nick Train, likes Unilever’s “incredible predictability”. The City of London investment trust, which is a reliable dividend payer, also has a stake in Unilever.Overall I think Unilever is a steady company that should compound over time and this is why an FMCG has a place in every investor’s portfolio.New CEO shaking things up at Aviva When it comes to Aviva, history doesn’t provide much confidence. It’s been through several CEOs in recent years and the share price has left much to be desired. The one saving grace was a high dividend yield, but that was cut completely early in the pandemic.However, investing is really about the future. The new CEO, Amanda Blanc, is moving faster than her predecessors to offload international operations. For example, this year Aviva sold its stake in its Italian joint venture Aviva Vita for €400m.The leaner group could make it more attractive to a buyer. Indeed there have been rumours of a takeover. These have more credence after RSA Insurance was acquired just last month for £7.2bn, which was around a 50% premium to the share price at the time. RSA under Stephen Hester also sold international businesses in the years before it was bought. Could Aviva be on the same path? Even if not bought, by being leaner Aviva should become more profitable and efficient; that should unlock value for shareholders. So, I think it’s a better investment than HSBC right now.last_img read more