These FTSE 100 shares could be some of the best stocks to buy now

These FTSE 100 growth stocks could be some of the best shares to buy now based on City growth expectations for the year ahead.

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I think some of the best stocks to buy now can be found in the FTSE 100. This blue-chip index contains the UK’s 100 largest listed companies. In my opinion, it’s a great place to look for investments.

Buying shares in large companies isn’t risk-free, but it certainly comes with less risk than investing in small-caps. Smaller businesses can lack the checks and balances required to discover problems before they become a large issue. 

With that being the case, here are some of the FTSE 100 growth shares that I believe are the best stocks to buy now. 

FTSE 100 investments

Mining and commodity companies are expected to be some of the market’s best growth stocks for 2021 and 2022. Rising commodity prices have helped these organisations, and put them on track to generate record profits over the next 12 months. 

With that in mind, I think mining giant BHP could be a good buy today. The company is the world’s largest mining group, producing everything from copper to iron ore. These key commodities’ prices have already risen rapidly over the past 12 months. That could translate into large profits for the miner.

Diggers and trucks in a coal mine

Meanwhile, Glencore is also set to benefit from rising commodity prices and increased demand for commodities. The commodity trader helps companies get resources to where they need to be. This business comes with low-profit margins, but as the largest trader in the world, Glencore has significant economies of scale.

Of course, these commodity giants are also exposed to substantial risks. Commodity prices can be highly volatile. Just because they’ve risen for the past 12 months, does not mean that they will continue to move higher. So that’s something investors need to consider.

Still, I’m comfortable with the risks of owning these FTSE 100 stocks. That’s why I would buy them for my portfolio today. 

Best stocks to buy now?

Two other FTSE 100 companies that are set to report explosive growth next year, according to current projections, are Hargreaves Lansdown and Smiths. 

These are two very different businesses. Hargreaves is the country’s largest online stockbroker. Smiths is one of the world’s largest healthcare businesses. 

They’re also expected to grow for different reasons in the year ahead. Hargreaves should benefit from an increase in trading commissions. On the other hand, Smiths may benefit from the resumption of surgical operations that were postponed this year due to the pandemic. 

These forecasts are, however, just that at present. There’s no guarantee Hargreaves will see an increase in trading commissions over the next 12 months. There’s also no guarantee Smiths will see additional demand for its medical products. Demand may remain depressed for some time, making City growth expectations irrelevant. 

That’s always going to be a risk with buying growth stocks. Nonetheless, I still believe that these are some of the best shares to buy today, and I’m considering adding the FTSE 100 stocks to my portfolio. 

RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.

Rupert Hargreaves does not own any share mentioned. The Motley Fool UK has recommended Hargreaves Lansdown. 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.

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