3 of the best FTSE 100 stocks to buy right now

I’m searching for the best FTSE 100 stocks I can buy right now. These three blue-chips (including a 7% dividend yielder) have all caught my eye.

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I believe Taylor Wimpey (LSE: TW) could be one of the most attractive FTSE 100 shares to buy today. A near-20% share price fall during the last six months leaves it trading on a P/E ratio below 9 times. The housebuilder carries a 5.7% dividend yield to boot.

Taylor Wimpey’s reversal comes despite a steady raft of positive housing market data in that time. Barratt Developments, for example, just announced that its own private reservation rates remain “strong”, with sales on a two-year basis up almost a fifth in recent months.

Low interest rates, Help to Buy and generous mortgage products mean that demand for homes in the UK continues to rocket. What’s more, a lack of properties entering the market is boosting interest in new-build homes still further. I think Taylor Wimpey is a good buy for me, despite the threat of rising costs hurting its profits.

Another FTSE 100 firecracker

It’s also my opinion that B&M European Value Retail is a top retail stock to buy today. The runaway success of discount grocers Aldi and Lidl over the past decade shows how important value is to the modern consumer.

Standout results released by Poundland owner Pepco Group today suggest that this encouraging trend remains intact. Like-for-like sales at its Poundland and Dealz stores rose 3.1% in the 12 months to September, helping the company hit the upper end of its earnings forecasts.

Strong trading at B&M itself recently encouraged the bargain retailer to lift its profits forecasts in September. Earnings at the FTSE 100 firm will suffer in the near term as shipping costs rise and raw material prices increase. But overall I think there’s a lot to get excited about here. In fact I think sales could receive a boost as runaway inflation puts extra stress on consumers’ wallets, boosting demand for value goods still further.

7% dividend yields

I think the slumping Vodafone Group (LSE: VOD) share price could make the telecoms titan too cheap for me to miss too. It’s down 20% over the past six months, driving the dividend yield to a tremendous 7%. What’s more, at current prices Vodafone trades on an undemanding forward P/E ratio of 12 times.

It’s true that Vodafone faces stiff competition from other major network providers. But I believe the FTSE 100 firm still has plenty to be optimistic about. The company operates Europe’s biggest 5G network, and there remains plenty of custom to be won as the next-gen mobile network is rolled out here (as well as in Vodafone’s territories further afield).

Booming global demand for data isn’t the only reason why I like Vodafone shares. Its exposure to the fast-growing mobile money segment also offers plenty of promise in the years ahead. Vodafone’s M-Pesa now has 50m monthly customers since launching a decade-and-a-half ago, making it Africa’s biggest financial technology platform. Like Taylor Wimpey and B&M, I think Vodafone is one of the best FTSE 100 shares to buy right now.

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.

Royston Wild owns shares of Barratt Developments and Taylor Wimpey. The Motley Fool UK has recommended B&M European Value. 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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