Top 5 FTSE retirement stocks for 2022

4 min read | January 03, 2022 12:55 AM GMT | By Suhita Poddar

Top 5 FTSE retirement stocks for 2022 — Image source: Cozine, Shutterstock

Barratt Developments Plc (LON: BDEV)

FTSE100 listed company operates in the residential housebuilding segment. It is one of the largest housebuilders in the UK. The company has been into the construction of homes for over 60 years. The housebuilding industry is expected to witness a gradual rise in demand in upcoming years, mainly due to demand for big space amid remote working scenarios. The steady rise in housing demand will benefit the company’s revenue and profitability, which may impact the stock prices positively.

Barratt Developments Plc’s current market cap stands at £7,617.35 million as of 31 December 2021. In the last one year, the stock has given a 10.20% return to its shareholders.

Hilton Food Group Plc (LON: HFG)

The company operates in the food packaging business supplying various fresh meat and food items to retailers. It has six factories and sells its products in different countries.

As the world moves from an unorganised to organised market in the food industry. This transition is expected to benefit the company’s business in the long run.

Hilton Food Group Plc’s current market cap stands at £1019.18 million as of 31 December 2021. In the last one year, the stock has given a 3.55% return to its shareholders.

Top retirement stocks

Glencore Plc (LON: GLEN)

The metal and mining company has over 150 mining assets across the globe that explores and produce over 90 industrial commodities. It is one of the largest diversified exploration companies in the world. The consistent recovery in the commodity prices in the international market has benefitted the company’s revenue and profitability. Moreover, the company has a diversified operation which reduces the business risk. Also, it pays a regular dividend to its shareholders.

Glencore Plc’s current market cap stands at £49,832.75 million as of 31 December 2021. In the last one year, the stock has given a 58.65% return to its shareholders.

CRH Plc (LON: CRH)

The company manufactures building materials like cement, ready mix concrete, and other building materials in the UK and the US market. The post Covid-19 pandemic economic recovery has led to a significant revival in the company’s business. It reported sales of USD 22.8 million in the first nine months of 2021, with an EBITDA of USD 3.9 billion. The future infrastructure investment by different countries will result in a positive demand environment, which will help the company continue with consistent growth and create long term value for the shareholders.

CRH Plc’s current market cap stands at £28,725.43 million as of 31 December 2021. In the last one year, the stock has given a 24.73% return to its shareholders.

Aveva Group Plc (LON: AVV)

The software solutions company has operations in various countries. It serves companies from various industrial segments like chemical, engineering, and several other sectors. The company reported solid performance in the six months to 30 September 2021, reporting revenue of £516.1 million, while its adjusted EBIT stood at £125.2 million. The rapid technology adoption in different industries has been a key factor for Aveva Group business growth. The company has a good contract pipeline which is expected to deliver business growth in the coming years.

Aveva Group Plc’s current market cap stands at £9,859.03 million as of 31 December 2021. In the last one year, the stock’s return has been 4.59%.

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