The Motley Fool

2 UK shares to buy with £2k

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.

Graph Falling Down in Front Of United Kingdom Flag
Image source: Getty Images

If I had £2,000 to invest today, I’d focus on buying the best stocks on the market. With that in mind, here are two investments I think are some of the best UK shares to buy today

UK shares to buy

The first company on my list is (LSE: MONY). As UK shares go, I think this enterprise offers something for everyone. It has growth potential and supports an attractive dividend yield. 

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!

Unfortunately, it’s currently going through a period of significant turbulence. During the pandemic, there’s been a drop in the number of consumers shopping around for better financial, energy and travel deals. As a result, for the six months to the end of June, group revenues declined 11% and profit after tax fell 31%. 

The good news is that management believesnormal trading conditions” will return in 2022. This is the main reason why I think this is one of the best UK shares to buy today. I think the market’s overlooking its recovery potential and focusing too much on current issues. 

Moneysupermarket has a strong balance sheet with just under £9m of cash to finance its turnaround. And the stock supports a dividend yield of 5.2%, at the time of writing. 

While management’s confident the group can return to growth next year, this is far from guaranteed. Headwinds, such as competition and rising wages, may eat away at the company’s profit margins. These are two risks I’ll be keeping an eye on as we advance. 

Economic recovery

I think one of the best UK shares to buy to invest in the global economic recovery is the small-cap Trifast (LSE: TRI). The international producer of high-quality industrial fastenings reported a modest 6% decline in revenues last year.

However, thanks to the global economic recovery, sales jumped 50% during the first half of its current financial year. The growth was supported by orders from “existing customers, new contract wins, and further supported by a very healthy pipeline.”

To help support its growth, the company also recently announced the acquisition of North American specialist fastenings distributor, Falcon.

Costing £6m, the purchase will boost Trifast’s presence in the North American market. I think further acquisitions in the region are likely as the group expands its footprint in one of the largest markets in the world for industrial manufacturing. 

The dual tailwinds of economic growth and acquisitions lead me to conclude that this is one of the best UK shares to buy now for my portfolio. 

That said, the company might not be suitable for all investors. It’s a relatively small business with a market capitalisation of under £200m. Therefore, it may be a riskier proposition as it could lack the checks and balances usually in place at larger companies.

Despite this risk, I’m happy to add the stock to my portfolio. 

Inflation Is Coming: 3 Shares To Try And Hedge Against Rising Prices

Make no mistake… inflation is coming.

Some people are running scared, but there’s one thing we believe we should avoid doing at all costs when inflation hits… and that’s doing nothing.

Money that just sits in the bank can often lose value each and every year. But to savvy savers and investors, where to consider putting their money is the million-dollar question.

That’s why we’ve put together a brand-new special report that uncovers 3 of our top UK and US share ideas to try and best hedge against inflation…

…because no matter what the economy is doing, a savvy investor will want their money working for them, inflation or not!

Best of all, we’re giving this report away completely FREE today!

Simply click here, enter your email address, and we’ll send it to you right away.

Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has recommended 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.