UK share investing: 4 of the best cheap stocks to buy now

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” UK share investing: 4 of the best cheap stocks to buy now 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. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended B&M European Value. 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. Enter Your Email Addresscenter_img Our 6 ‘Best Buys Now’ Shares I’m convinced that buying UK shares is one of the best ways to build a big nest egg for retirement. It’s why I continue to invest in my Stocks and Shares ISA whatever chance I get.The economic outlook remains laden with danger as the Covid-19 crisis rolls on. But this hasn’t sapped my appetite for investing. There remain many top UK shares I think should deliver big shareholder returns over the short-to-medium term. Here are several I’d happily add to my ISA right now: 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…#1: A UK share for growth and dividendsI consider Vodafone Group to be a very attractive UK value share right now. It’s not just because the FTSE 100 business trades on a forward price-to-earnings growth (PEG) ratio of 0.6, created by broker expectations that earnings will soar 38% in the fiscal year to March 2021. The telecoms giant carries a gigantic 6% dividend yield as well. I like the exceptional sales opportunities that 5G rollout and Vodafone’s huge emerging market footprint provides. I’m aware, though, that Vodafone carries a lot of debt. And its profits could take a hit if tough economic conditions in its critical European marketplace remain subdued.#2: Game onGrabbing a slice of the online gambling market is another good investment idea, in my opinion. I’d do this by investing in Gamesys Group, the owner of popular gaming brands like Jackpotjoy. The Covid-19 crisis has significantly boosted the long-term outlook for the internet gaming sector. It’s why the company’s half-year report showed the number of average active monthly players on its books soar 14% in the year to June 2020. City analysts reckon earnings here will rise 15% in 2021. This results in the company changing hands on a PEG ratio of just 0.7. One possible fly in the ointment is that gambling firms always face the prospect of serious trading clampdowns from regulators. This is something that could hit future profits growth.#3: No bargain bin leftoverB&M European Value Retail is another UK share I consider a wise buy in these tough times. We all love a bargain, but hunting for low-cost goods becomes (largely speaking) a necessity during economic downturns. This is why City analysts reckon annual earnings at B&M will soar 90% this fiscal year (to March 2021). It’s not all sunshine for B&M though: retailers like this face future pressure from slim margins, rising business rates and increasing labour costs. Today this UK share trades on a low forward PEG ratio of 0.2. This merits attention, in my opinion.#4: More big dividendsI like Tate & Lyle because it offers all-round value. The food ingredients manufacturer trades on an undemanding forward price-to-earnings (P/E) ratio of around 14 times. This is based on City expectations that annual earnings will rise fractionally in the current financial year (to March 2021). It sports a chubby 4.2% dividend yield too. I think this UK share’s essential products make the company a great defensive buy in these troubled economic times. That’s not to say that the Covid-19 crisis doesn’t present some risk, however. Further lockdowns could continue to damage the revenues at Tate & Lyle generates from restaurants. Royston Wild | Sunday, 21st February, 2021 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. 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. See all posts by Royston Wildlast_img read more