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The FTSE 100‘s been surging in 2024. Up 6.2% so far this year, including a 1% rise in May, I’m optimistic for June and the months ahead.
As such, I’ve been scouring the index for potential stocks to snap up. Here are two top-quality businesses that have caught my attention. I think investors should consider buying them today.
Tesco
My first selection is Tesco (LSE: TSCO). Like the Footsie, it has had a strong start to the year. Its share price has climbed 7.2%. In the last 12 months, it’s up an impressive 19.8%.
But I think Tesco stock has more to give. There are a few reasons I like it as a long-term play today.
Firstly, it’s a defensive stock. Come rain or shine, demand for the products it sells will always be there. After all, regardless of issues such as choppy economic conditions, people need to eat and drink. We saw the benefit of this in its latest annual earnings release, where group…
