Stock market rally: I’ve bought this UK share in my Stocks and Shares ISA to retire on!

I reckon this UK share will help me get rich and retire early! Here’s why I bought it in my Stocks and Shares ISA last week.

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The recent stock market rally has slowed but appetite for UK shares continues to tentatively improve. The FTSE 100 sits at new nine-month highs on robust hopes of an economic recovery in 2021. This comes despite signs Brexit trade talks could be on the verge of collapsing.

I’ve continued to buy shares in my Stocks and Shares ISA. And I plan to keep investing in the weeks and months ahead. There are plenty of top UK shares out there that should thrive regardless of economic conditions next year.

A top buy for any ISA

2020 has proved to be a spectacular year for takeaway sales. And Domino’s Pizza Group (LSE: DOM) is a prime example. Latest financials showed orders for its tasty wares rocket almost 12% year-on-year in the third quarter.

But don’t think Covid-19 lockdowns mean 2020 will prove to be the high water mark for the British takeaway market. Statista has put the value of the market at a shade under $6bn for 2020. And it reckons it will keep rising each year to be worth $7.7bn by 2024, the end of its forecast period.

Domino’s is well-placed to ride this phenomenon to its fullest too, thanks to its exceptional brand power and the huge investment it’s making in technology. Online sales at the UK share rocketed by almost a third year-on-year during the third quarter.

Image of person checking their shares portfolio on mobile phone and computer

City analyst reckon earnings at Domino’s will rise 6% in 2021. It leaves the takeaway titan trading on a forward price-to-earnings (P/E) ratio of 18 times. That might not appear terrific value on paper, sure. But I think it’s a worthy reading when you consider the FTSE 250 firm’s exceptional structural opportunities. Besides, a chubby 3.2% dividend yield helps to take the edge off.

A UK share I bought last week

I bought shares in Games Workshop Group (LSE: GAW) for my ISA around a week ago. Encouraged by the wargaming specialist’s robust trading of 2020, I decided to invest following recent share price weakness. Fresh financials released yesterday vindicated my decision to get my chequebook out. And quite emphatically too!

The Warhammer creator has said pre-tax profit would be “not less than £90m” for the half year to November. This is up from the £80m the UK share had predicted just a month ago. And it marks a spectacular six months in the history of the company. As the experts at Edison note: “The company has earned a greater profit before tax than the whole of financial 2020.”

There’s a lot to like about Games Workshop. It’s the gold standard in the fantasy wargames sector, and it therefore commands a huge and loyal following. Sales through its online channels are rocketing. Its global fanbase is going from strength to strength. And it has opportunities to supercharge the royalties it receives by licensing its intellectual property to film makers, TV production companies and video game developers.

City analysts reckon Games Workshop’s earnings will rocket 47% this fiscal year alone (to May 2021). And, as a consequence, the FTSE 250 business trades on a bargain-basement forward price-to-earnings growth (PEG) rating of 0.6. This is one UK share I reckon could make me an absolute fortune in the years ahead.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Royston Wild owns shares of Games Workshop. The Motley Fool UK has recommended Domino's Pizza. 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.

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