The 2020 stock market crash provides the best investment opportunity for more than a decade. There have been some severe share market dips in recent years thanks to issues like Brexit and US trade wars. But the recent crash leaves an eye-popping number of high-quality UK shares trading at unmissable prices.
History shows us that stock market crashes can separate investors who make a fortune via share investing from those that generate middling returns. Buying UK shares after a crash allows you and I to buy great companies at rare low prices. We can then sit back, watch them soar in value as the economic landscape improves, and make a killing in the process.
3 UK shares I’d buy after the stock market crash
I’ve continued to buy UK shares in a Stocks & Shares ISA despite the macroeconomic turbulence caused by Covid-19. There are too many top stocks trading at bargain-basement prices not to, in my opinion. Here are a few more undervalued UK shares I’m thinking of adding to my personal shares portfolio:
- I think NWF Group’s a steal at current prices. Its shares trades on a forward price-to-earnings (P/E) multiple of 11 times and are the perfect pick for risk-averse investors. The fuels and animal feed supplier has experienced strong revenues growth despite the Covid-19 crisis. And I’m confident expansion across the business should boost profits growth looking ahead.
- Polymetal International shares were looking really attractive before the Federal Reserve’s latest meeting this week. But with the Fed now announcing a more relaxed attitude to inflation, the appeal of gold, and of gold stocks, is even stronger. Predictions of further explosive gold price growth now look more solid than ever. This makes FTSE 100 stock Polymetal, which trades on a forward P/E ratio of 12 times and carries a 4.5% dividend yield, a bargain UK share.
- Vodafone Group also offers plenty of all-round value for money today. The FTSE 100 giant trades on a sub-1 forward price-to-earnings growth (PEG) ratio of 0.7 whilst boasting a chunky 7% dividend yield, too. Telecoms providers, like utilities, provide essential services which stand up well regardless of broader economic conditions. This is why Vodafone’s expected to keep growing profits over the near term. And over the long term the business should benefit from the rise in home working as more and more workers the world over connect to their workplaces remotely.
Getting rich with The Motley Fool
These are a mere handful of the too-cheap-to-miss stocks I’m thinking of buying for my ISA today. There are many other high-quality UK shares trading much too cheaply after the stock market crash. And The Motley Fool’s huge trove of articles and exclusive reports can help you dig them out and get rich in the process.