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£3k to invest? I’d buy this FTSE 100 stock to get rich

By on July 5, 2021

first_img 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! £3k to invest? I’d buy this FTSE 100 stock to get rich Simply click below to discover how you can take advantage of this. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Rupert Hargreaves | Thursday, 16th July, 2020 | More on: ENT Image source: Getty Images. 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.center_img A handful of FTSE 100 stocks have stood out as champion investments over the past decade. One of these is GVC Holdings (LSE: GVC). Over the past few years, this company has grown from a small upstart into one of the world’s largest online gaming platforms. It doesn’t look as if this trend is going to come to an end anytime soon.The business is a sector leader in the provision of online gaming solutions. It also owns a portfolio of brick-and-mortar stores. As its global market continues to expand, GVC may be able to use its existing footprint to drive further growth. And as it does, it seems highly likely the FTSE 100 stock will generate high total returns for investors in the years ahead. 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…FTSE 100 growth champion GVC has already been an outstanding investment. Over the past 10 years, the stock has produced an average annual return of 27.2% for investors. Over the same time frame, the FTSE 100 has yielded an average total return of 5.8%. The company has grown through a combination of organic growth and acquisitions. Following a string of deals in the past few years, revenue has exploded from £180m in 2014 to £3.6bn for 2019. Some investors might question whether or not the FTSE 100 growth champion can keep up this sort of growth. It seems likely it can. Online gambling is a very lucrative business, and GVC is a cash machine. Last year, for example, the firm generated £260m in free cash flow after investing £170m in growth. Most of this free cash flow was returned to investors via dividends. Having conquered the European gambling market, GVC has now set its sights on the US, forming a partnership with casino giant MGM Resorts. The group has invested hundreds of millions of dollars to meet its goal of becoming the market leader in the rapidly expanding US sports betting and gaming market.Estimates vary, but many analysts expect the US gaming market to be worth several billion dollars in a few years. If the FTSE 100 company can capture a significant share of this market, its growth may only just be getting started. Long-term potential Despite all of the above, it may not be all smooth sailing for GVC in the years ahead. Gambling is a highly regulated and controlled market. That means the company has to follow regulators’ strict demands, or could lose its licence. Also, the coronavirus crisis has had an impact on the group. Its latest trading update revealed an 11% decline in net gaming revenue for the six months to 30 June. Still, despite this, the company’s growth track record and cash generation suggest it’s well-placed to capitalise on any market opportunities that may emerge over the next few years. As such, it may be worth snapping up a share of this FTSE 100 growth stock as part of a well-diversified portfolio today.  Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares 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. 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