Stock market crash: could this dirt-cheap FTSE 100 stock help you get rich and retire early?

first_img Image source: Getty Images Harvey Jones | Wednesday, 27th May, 2020 | More on: BLND Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended British Land Co. 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. The stock market crash has thrown up plenty of FTSE 100 bargains. This makes now a great time to go hunting for shares, because you can pick up top UK companies at bargain valuations. Commercial property giant British Land (LSE: BLND) has taken a beating, but looks a tempting long-term buy to me.The FTSE 100 property developer and investment company’s share price is up more than 6% this morning on better-than-anticipated full-year results. It looks a real bargain, as the estimated value of its office blocks, shopping centres and residential developments are around twice the actual share price.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Stock market crash bargainBritish Land is under a three-pronged attack. Investors fear the rise of homeworking will hit demand for office space. They worry about the impact of the lockdown on physical retail. The fate of the residential property market is also uncertain.Today’s results show the value of its portfolio falling 10% to £11.16bn in the year to 31 March, with retail sites down by a quarter. The group posted a £1.11bn loss after tax, but was struggling even before the stock market crash. Last year, it lost £320m.Chief executive Chris Grigg admitted the trend towards flexible work may accelerate. However, potential customers are carrying out virtual viewings, and the group is “encouraged by negotiations.” Retail will be more of a struggle. British Land collected just 68% of March rent, a healthy 97% for offices, but just 43% for retail. With luck, a large chunk of that unpaid rent has been deferred rather than lost for good. The danger is that tenants go bust as the stock market crash rolls on. However, British Land enjoys significant headroom over its covenants, and has access to plentiful liquidity.The group suspended its dividend in the stock market crash to conserve cash. Today, management said it would restart payouts “as soon as there is sufficient clarity of outlook.” That’s a vague promise, but at least the board’s showing willing.I’d buy FTSE 100 bargain British Land todayThe advantage of having a widely-diversified portfolio is that some areas may hold up while others struggle. This is the case here, with rental collection and valuations at central London offices surprisingly positive. Also, I suspect the trend towards homeworking may have been overdone, as workers want to get out of the house again.The big attraction of British Land is that the share price has fallen much faster than the value of its underlying assets. Right now, this real estate investment trust (Reit) is trading at a discount of 55% to net asset value. That’s why we like buying shares in a stock market crash. It throws up opportunities like this one.It’ll be a bumpy road to recovery, so you’ll need to hang on for the long term. With that in mind, I’d consider buying British Land today. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Stock market crash: could this dirt-cheap FTSE 100 stock help you get rich and retire early? Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Harvey Joneslast_img

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