FTSE 100: 2 cheap shares I’d add to my Stocks and Shares ISA today

first_img 5 Stocks For Trying To Build Wealth After 50 conorcoyle has no position in any of the shares mentioned. The Motley Fool UK has recommended InterContinental Hotels Group. 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. See all posts by Conor Coyle 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. The UK stock market has been a difficult arena in the last year. While US markets have thrived despite the impact of the Covid-19 pandemic, the FTSE 100 hasn’t fared so well. The UK’s primary stock index is down 10% compared to this time last year.I still see value in buying UK companies in a Stocks and Shares ISA though. A Stocks and Shares ISA allows me to invest my money in the stock market, rather than having it sit as cash in my bank account.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…UK citizens have an allowance of £20,000 for the tax year in which they can receive tax breaks. While there is more risk involved than in a Cash ISA, Stocks and Shares ISAs can be a good way to get started in the stock market.But what UK shares would I add to my ISA today? While the FTSE 100 is down in the last 12 months, I think these two companies could represent a buying opportunity.BAE SystemsDefence contractor BAE Systems (LSE:BA) has come through the pandemic relatively unscathed in comparison to fellow FTSE 100 constituents in terms of sales, with no major sign of a reduction in demand for its products from the governments it sells to.BAE has consistently been one of the top dividend yielders in the index, and that has remained so throughout the pandemic. The payout currently yields 4.71% against a share price of 490p and is an attractive prospect for income investors.It must be noted, however, that the shares have slipped over the last year and generally don’t have a history of strong growth. In the last 12 months the company’s share price has declined 27%. There is risk involved in that if a handful of countries were to reduce their defence spending, BAE’s revenue would be adversely affected.But the indications are that that is unlikely to happen. If some of the big defence spenders were to cut costs at all, I would have thought 2020 would have been the time to do it. Spending remained strong in the UK, US, and Saudi Arabia.BAE’s strong position in the market and reliable dividend makes me confident that the share price can return to growth over the next few years.InterContinental Hotels GroupDespite the huge reduction in number of people staying in hotels over the last year, InterContinental Hotels Group (LSE:IHG) has managed to see its share price grow over the last year.The shares are worth 4% more than they were 12 months ago. The conception and rollout of the Covid-19 vaccine programme has helped travel and leisure stocks rally in recent months.With the news that around one-third of the UK population is now vaccinated and a roadmap for opening up the economy announced, there are signs of a return to normality in the sector.That said, it may take quite a bit longer for the vaccines to be rolled out to Europe and further afield, which would have a negative effect on IHG’s profits and share performance.The group, which owns hotel chains Regent and Crowne Plaza, announced a 48% reduction in revenues in a trading update this week. The operating loss was $153m against a profit of $630m a year previously. Image source: Getty Images Click here to claim your free copy of this special investing report now! Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away.center_img Conor Coyle | Wednesday, 24th February, 2021 | More on: BA IHG FTSE 100: 2 cheap shares I’d add to my Stocks and Shares ISA today Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. 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. Enter Your Email Addresslast_img read more