Stock market

Would consider buying 2 FTSE 100 and FTSE 250 shares to hold for 5 years!

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I am looking for the best. FTSE 100 And FTSE 250 to buy shares and hold until the end of the decade. These are two on my watch list.

Spire Healthcare Group

The National Health Service (NHS) is in a bad state. Spire Healthcare The group (LSE:SPI) is an attractive investment today. Demand for private healthcare is likely to continue to grow as patients seek to avoid long waiting lists.

The latest Office for National Statistics research shows that almost 10 million people are either waiting for an appointment in hospital or waiting to start NHS treatment. It will likely take years for this backlog to be substantially reduced, a challenge made more difficult by the growing health care needs of an aging population.

It is for this reason that I expect increased demand for Spire’s services from both self-pay patients and those using private medical insurance. Private revenue rose 9.5% year-on-year to £959.7m in 2023, with operating profit almost a third higher, to £126.2m.

Spire can also expect more business from the NHS to help reduce these large waiting lists. NHS-related revenue to grow by 15.5% to £341.1m in 2023. And Spier suggests that “Commission may increase“Further down the line.

Reflecting this bright outlook, City analysts expect annual revenue here to grow by an average of 34% through 2026.

Any reading below 1 indicates that the stock is undervalued. Despite the risk of potential staff cuts, I am considering adding more Spire shares to my portfolio.

Antofagasta.

I also think exposure to copper might be a good idea today. Prices of the essential metal hit a 14-month high of $9,300 a tonne on heightened supply risks. And bets for further gains are rising on hopes of a recovery in Chinese demand.

But the analyst CityFor example, the price of copper is expected to reach $12,000 in the next two years.

Buying a copper-backed exchange-traded fund (ETF) could allow me to take advantage of further price increases. But I’d rather buy shares in dividend-paying mining stocks. This strategy will also provide me with income.

Antofagasta. (LSE:ANTO) is a stock to consider buying today. The Chile-focused miner has a dividend yield of 1.2% for the year, growing steadily through 2026.

While some other copper deposits offer big yields, Antofagasta has one big advantage: a string of world-class assets that can help it deliver sector-beating returns. This includes the Los Palambaras mine where it continues to increase production.

The FTSE 100 firm now trades on a price-to-earnings (P/E) ratio of 35.6 times. A high profile like this can cause a share price correction if the news suddenly turns bad. Yet on balance, I still believe this is a top stock to consider owning for the next several years.


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