I seek the best FTSE100 trade stocks to buy now. Here are three that I think might be too good to miss.

Airtel Africa

Last week it was announced that Singapore Telecom International had sold some 60 million shares in Airtel Africa (LSE: AAF). Unsurprisingly, the FTSE100 the company’s stock price fell as spooked investors headed for the exit.

I believe this sharp reversal reflects an excellent buying opportunity. At current prices, Airtel Africa is trading on a forward price-to-earnings (P/E) ratio of just 7.4x. This is well below the widely considered market benchmark of 10 times.

Airtel Africa operates in highly regulated sectors (telecoms and finance). This means that its profitability is under constant threat from lawmakers. Adverse legislation on how it does business and sells its products can significantly undermine its growth potential and cause the stock price to fall.

However, as things stand, I think the benefits of owning Airtel Africa outweigh the risks. Demand for Footsie’s telecommunications and mobile money business is expected to explode with the levels of population and wealth in Africa.

Consulting firm Analysys Maso, for example, estimates that telecommunications service revenues in sub-Saharan Africa will grow at a solid compound annual growth rate of 4.7% between 2020 and 2026.

JAylor Wimpey

Builders love Taylor Wimpey (LSE: TW) fell recently on some really scary inflation numbers. There are fears that the Bank of England may step up interest rate hikes in a bid to rein in rising prices.

I believe, however, that the threat to homebuyer affordability that rising rates bring is reflected in Taylor Wimpey’s stock price. The forward P/E ratio stands at just 7.2 times today. Equally attractive is the homebuilder’s dividend yield which sits at 6.8% at the current share price.

I am encouraged by the strength of trade data that continues to come in from London-listed homebuilders. The steady stream of positive news follows Taylor Wimpey’s own comments in early March that “demand for our homes remains strong”.

I expect new property sales to remain strong for a long time, given the growing UK population and the lack of available homes on the market.

JD Sports Fashion

I also give JD Sports Fashion (LSE: JD) a close look today. It sold heavily over fears that the cost of living crisis would depress demand for its expensive sportswear.

As a result, JD is now trading at a forward P/E multiple of 13.6x. It’s not cheap on paper. But it sits well below the FTSE 100’s historical average of more than 20 times.

And it’s a read that I don’t think reflects the strength of its brand or the bright prospects of the “athleisure” fashion segment. According to Global Market Research, sales of comfortable activewear will more than double worldwide by 2030.

It will be worth £660bn by the end of the decade, the consultancy estimates. JD’s aggressive expansion schedule will also leave it well positioned to exploit this theme. I would use recent share price weakness as an opportunity to also buy this cheap FTSE 100 stock.