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The FTSE 100 index is full of high-quality stocks to buy, and it’s outperforming the S&P 500 this year. Britain’s leading benchmark has delivered a 6.7% return, against 1.7% for major US stocks.
Supported by low valuations, some UK heavyweights are well-placed to be standout performers over the long run. Here are three worth considering this month.
Centrica
British Gas owner Centrica (LSE:CNA) is a stock that I’d describe as boring but beautiful. However, the company’s very low price-to-earnings (P/E) ratio around 6.3 should spark value investors’ interest.
At first glance, Centrica’s made a poor start to the year. Falling commodity prices are a risk for the company and investors, evidenced by a 44% drop in operating profit in FY24 to £1.55bn and a 26% revenue decline to £26.2bn. Further weakness may follow in the coming quarters.
However, those are…
