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A FTSE 100 stock I own and will never sell

first_imgA FTSE 100 stock I own and will never sell Royston Wild owns shares of DS Smith. The Motley Fool UK has recommended DS Smith and Tesco. 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” It stands to reason that FTSE 100 stock Tesco is dominating the financial headlines on Wednesday. The UK’s largest retailer is a perfect barometer for the issues the broader sector has experienced since the coronavirus outbreak.With the grocery goliath all over the news, another Footsie share updating the market today has gone under the radar. DS Smith (LSE: SMDS) has put out a much brighter update than its blue-chip colleague. In fact it should be commanding much stronger attention given its success in these turbulent times. As a shareholder in this particular share, I am very happy with what I saw.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…Geographical diversity creates strengthFor the uninitiated, DS Smith is a business that provides packaging requirements for consumer goods companies. This includes, most notably, FMCG firms, and to a more limited extent, industrial firms. The FTSE 100 share operates in almost 40 countries and has a significant and rising presence in Europe and the US. Its sprawling presence has been underpinned by a strong appetite for acquisitions over many years.It has a critical role in the supply of essential goods like foods and household products. And this gives it the sort of defensive strength needed in times of challenging economic, political and social times like these. That’s a quality it highlighted today when declaring that “trading since our update on 4 March 2020 has remained resilient with relatively limited impact from Covid-19 seen to date.”Corrugated box volumes have been “good”, the firm adding that demand has actually picked up during the first six months of the current fiscal year (to October). Its operations in Southern Europe have endured some weakness, sure. But the impact has been much less in the north of the continent. And in Eastern Europe, the pandemic has had no “meaningful effect” at all. Recent trading in North America meanwhile is described as being “robust.”One of my favourite FTSE 100 stocksAs one would expect, panic buying means that its activity within the grocery sector has been particularly strong in recent weeks. This is not the only reason why it has thrived, however. It has also benefited from rising online demand for both discretionary and essential items. No doubt this is a reflection of increased numbers of shoppers switching to internet retailing because of lockdowns. E-commerce is a segment in which the business has ramped up investment in recent times.A fly in the ointment is that DS Smith decided to axe the interim dividend given the uncertain outlook for the global economy. But this is a prudent step in the circumstances. And it’s certainly no suggestion of a weak balance sheet. Its net debt-to-EBITDA ratio should still come in at a healthy 2 times as of the end of April. And it has £ worth of undrawn loan facilities.At current prices DS Smith trades on a forward P/E ratio below 10 times. This is far too cheap given its mighty defensive qualities, I believe. And let’s not forget its exceptional long-term outlook. I’m tempted to load up on some more of this FTSE 100 share at current prices. See all posts by Royston Wildcenter_img Royston Wild | Wednesday, 8th April, 2020 | More on: SMDS Image source: Getty Images Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares 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. I would like to receive emails from you about product information and offers from The Fool and its business partners. 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