I own these cheap FTSE 100 stocks and might buy more of each!

first_img Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Royston Wild | Monday, 17th May, 2021 | More on: SMDS TW Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. 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. Royston Wild owns shares of DS Smith and Taylor Wimpey. The Motley Fool UK has recommended DS Smith. 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.center_img Enter Your Email Address 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. 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. I own these cheap FTSE 100 stocks and might buy more of each! I own these cheap FTSE 100 shares in my portfolio. Here’s why I’m thinking of buying more of both too.ESG investingI expect demand for DS Smith (LSE: SMDS) shares to steadily rise as responsible investing becomes ever more popular. Research shows that companies’ environmental, social, and governance (ESG) policies are becoming ever-more important to UK share investors. In fact this is a FTSE 100 share I bought myself because of its improving green credentials.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…DS Smith is one of the biggest cardboard box and packaging producers on the planet. It has taken huge steps to reduce the amount of plastic used in its products in recent years (the business sold off its plastics division recently under this programme). But this is only one environmental initiative in its locker. Other steps include helping companies examine how they can reduce waste; collecting paper and cardboard waste using LNG-powered vehicles; and working with local authorities to boost the amount of material they can recycle.I think DS Smith should deliver terrific profits growth as e-commerce goes from strength to strength. And its drive to become a mighty green stock should allow it to grab business in an industry where sustainability is growing in importance. Today the FTSE 100 firm trades on a forward price-to-earnings growth (PEG) ratio of just 0.6. It’s important to note that paper prices are rocketing and this threatens to derail DS Smith and its solid profits projections. Still, at current prices I think the boxbuilder might be too cheap to miss.Another of my FTSE 100 favesTaylor Wimpey (LSE: TW) is another cheap UK share I’m thinking of buying more of today. Not only does this FTSE 100 company trade on a forward PEG ratio of 0.1 times. A chunky 4.6% dividend yield makes the housebuilder one of the best dividend stocks to buy too.A steady stream of encouraging data continues to emerge from the British housing market. It’s a phenomenon which reflects a mix of inadequate homes supply and soaring buyer demand. Fresh numbers from Rightmove today showed the average property price rise to a new record of £333,564.It’s clear that the stamp duty holiday has helped to keep propelling UK house prices skywards. But many other positive factors are likely to remain in play to keep buyer appetite — and with it profits at the likes of Taylor Wimpey — heading higher. I expect interest rates to remain ultra low to aid the economic recovery, while government schemes like Help to Buy and intense mortgage product wars should continue supporting buyer affordability.There is a fly in the ointment for the profits outlook of Taylor Wimpey, though. The price of building materials and labour is soaring (timber values have increased 80% in six months according to the Construction Products Association, for example). And this could take a big bite out of the FTSE 100 company’s earnings. See all posts by Royston Wildlast_img read more