The London stock market is packed with opportunity following the stock market crash. There are heaps and heaps of excellent stocks to buy but thanks to serious fears over the global economy, they continue to trade at rock-bottom prices.
Buying great stocks at low prices is a critical part of maximising the profits you make from your share investments. And I reckon the following shares are among the best stocks to buy if you want to really supercharge your returns over the next decade.
A UK share to help you get rich
I certainly believe that buying Bushveld Minerals (LSE: BMN) stock is a great way for investors to try and get rich from UK shares.
Why? As a major producer of South African vanadium it can expect profits to explode as demand for the commodity soars. Fresh Chinese laws concerning the production of high-strength steel will supercharge off-take for the steelmaking ingredient. Rising production of vanadium redox batteries (or VRBs), which are used for large energy storage applications, will boost demand for its product too.
At current prices Bushveld trades on an undemanding forward price-to-earnings (P/E) ratio of 12 times. It’s a reading that fails to reflect these colossal growth drivers, in my opinion, and makes the mining play one of the best value stocks to buy right now as far as I’m concerned.
More top value stocks to buy today
Applegreen’s (LSE: APGN) another bargain stock that I’m tipping to record big profits growth over the next decade. The motorway services and petrol station retailer trades on a forward P/E multiple of 9 times following this year’s stock market crash.
Investors have been discouraged from buying in to the share because of fears over Applegreen’s pressured balance sheet. But having taken steps to reinforce its financial strength, and with motorists now returning to its facilities following the lifting of lockdown restrictions, things are beginning to look up again.
Over the long term, I believe Applegreen’s extensive estate spanning Ireland, the UK and the US will be able to deliver exceptional returns. Its rock-bottom share price provides an attractive entry point upon which to ride this exciting growth story too, I feel.
A brilliant FTSE 100 share
My final choice of best stocks to buy following the market crash is a true FTSE 100 hero. Carrying a forward P/E ratio of just 13 times I reckon Persimmon (LSE: PSN) is a UK share that’s far too cheap to miss. A bulky 4% dividend yield puts an extra cherry on top of the cake too.
An economic downturn casts a shadow over the housebuilder’s profit-making abilities in the near term. But Britain’s huge homes shortage means that the chances of a price crash are slim to none. Estate agent Savills recently predicted that house prices will rise 15% over the next four years, in fact.
This supply/demand imbalance is likely to deliver brilliants profits growth at the builder during this new decade, I feel. It can expect its new-builds to sell like hotcakes in the coming years and at great prices too. I myself own shares in Barratt and Taylor Wimpey in an ISA, but I reckon Persimmon is another top FTSE 100 stock to buy. And especially at current prices.