The Motley Fool

Best shares to buy now: 2 UK shares I’d buy in an ISA

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Private investor buying UK shares at home
Image source: Getty Images

UK share markets have printed decent gains since the start of 2021. The FTSE 100 is up around 10% in the year to date, while the FTSE 250 has risen by an identical percentage. And I’m on the hunt for some of the best shares to buy as the economic recovery kicks into gear.

However, he performance of share markets has been more muted over the past couple of months. Investors have hit the pause button as rising Covid-19 cases in some regions has cast doubt over the economic bounceback. Indeed, the World Health Organisation now says infections in Europe are back on the rise following 10 weeks of decline. This could well lead to fresh weakness on global stock indices.

5 Stocks For Trying To Build Wealth After 50

Markets around the world are reeling from the coronavirus pandemic… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.

But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be a daunting prospect during such unprecedented times.

Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval…

We’re sharing the names in a special FREE investing report that you can download today. And if you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio.

Click here to claim your free copy now!

A UK share I just bought

But I’ve no plans to stop buying UK shares for my Stocks and Shares ISA. My quest to find the best stocks to buy saw me add FTSE 100 building materials supplier CRH (LSE: CRH) to my portfolio in June.

I’m expecting demand for the company’s services to soar during the upcoming economic recovery as construction activity bounces back. The introduction of massive infrastructure spending packages should also boost sales of CRH’s cement, aggregates and more complex building products.

But I’m not overly concerned with rising Covid-19 infection rates and what this will mean near-term for the global economy and, by extension, CRH’s profits and share price. This is because I buy shares based on the return I can expect over the long term, say a decade or more.

Over this sort of time horizon I’m convinced the Footsie firm’s ongoing quest for acquisitions will make me brilliant returns. The CRH share price has risen 180% over the past 10 years, thanks in large part to its terrific form when it comes to M&As.

Hand holding pound notes

2 of the best stocks to buy?

Here are two more UK shares I’m thinking of buying soon for my ISA:

  • The rise of homeworking due to Covid-19 creates a myriad of investing opportunities, in my opinion. Let me give you an example. Analysts at Research Dive reckon the global employee communication software market will be worth $1.6bn by 2026, up from $696m last year. And I think communications software provider CloudCall — despite its smaller financial clout and lesser brand recognition versus some competitors — could be one of the best stocks to buy for this exploding market.
  • E-commerce is growing at a jaw-dropping pace. And so is the demand that retailers, manufacturers and couriers have for space to hold and distribute their goods and parcels. This is what makes Urban Logistics such a terrific UK share to buy, as a company which lets out ‘mid box’ commercial properties in Britain. It’s true that profits could suffer if its tenants run into difficulties. But this wouldn’t discourage me from buying the property stock today.

“This Stock Could Be Like Buying Amazon in 1997”

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.

Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!

Royston Wild owns shares of CRH. The Motley Fool UK has no position in any of the shares mentioned. 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.

Our 6 'Best Buys Now' Shares

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.

Simply click below to discover how you can take advantage of this.