3 FTSE shares I’d buy right now

Last year’s bear market for many FTSE stocks is fast becoming a distant memory. And even the general economic news is getting brighter.

And I think the gloomy market sentiment seems to be changing among many investors. However, the early optimism has ended badly in the stock market over the past few months. Indeed, looking back, perhaps the best time to be interested in Shares back in Autumn, around October.

Bull how many years forward?

But the general news at that time was grim. And the situation proves that a contrarian approach to investing in stocks and shares can prove to be profitable. After all, the stock market is known for looking ahead. And when the stock started to rise again last year, early bird investors looked for the immediate problem that caused the stock price to plunge in the first place.

However, just because the first move higher is behind us, that doesn’t mean it’s too late for investors to buy stocks now. However, there’s a good chance we’re nearing the start of a multi-year bull run for stocks. So I’ve been working hard on my watchlist and buying stocks for the long term.

For example, I like to think from DS Smith, a sustainable packaging solutions, paper products and recycling services company. In December, directors posted strong numbers with their half-year report. And optimistic outlook statement.

But I also like to make houses Taylor Wimpey (LSE: TW). In January, the company issued an update on trading like it was working. But the outlook statement guided expectations lower.

Lower volume ahead

Directors say the ongoing market uncertainty means sales “the bottom line” the level before the rise in mortgage rates in the third quarter of 2022. And that means that business enters 2023 with a lower order book than in the new year. So the sales volume will be lower next year.

However, the director “confident” medium to long term business fundamentals “remain very attractive”. And I think the challenges caused by interest rate hikes will diminish as 2023 progresses. And that’s because I hope the Bank of England starts to win the war against inflation.

Strong sales are anticipated

I think so too Related British food looks attractive. The company has an interesting mix of operations. As the name suggests, they have a diversified international food and ingredients business. But it also has a clothing store priced at Primark.

The company posted a strong trading update in January. But looking ahead, the director said they expected “important” growth in sales for the full year with lower operating profit and earnings.

But despite Taylor Wimpey and Associated British Foods guiding lower earnings expectations, I am compelled to look beyond the immediate challenges facing each business. To me, valuations seem reasonable now for many listed companies. And that’s a good reason for me to buy the stock because I’m optimistic that trading conditions will improve next year.

However, I could be wrong and this business may be facing tougher times. Indeed, all stocks carry risks as well as positive potential. However, if I had the money to invest, I would consider these three stocks right now.