Best British shares to consider buying in March

We asked our writers to share their ‘best of British’ stocks to buy this month, including a double nomination for one company…

| More on:
Aerial view of Norwich Cathedral located in Norwich, Norfolk, UK

Image source: Getty Images

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

Every month, we ask our freelance writers to share their top ideas for shares to buy with investors — here’s what they said for March!

[Just beginning your investing journey? Check out our guide on how to start investing in the UK.]


What it does: Burberry is a UK-based global luxury goods manufacturer, retailer and wholesaler

By Paul Summers. Since I can’t see many investors panicking about the UK being in a recession, I’m continuing to prioritise stocks that stand to benefit from a cutting of interest rates later in 2024. 

For a mix of income and potential capital gains, Burberry (LSE: BRBY) looks particularly attractive. While the share price has crashed in the last year as a result of falling sales, I reckon it’s just the sort of company that could bounce back to form as discretionary spending recovers. That’s if it’s not acquired on the cheap beforehand!

Naturally, no one knows when the next UK bull market will kick in. Burberry is also heavily reliant on sentiment improving in markets such as China. 

But at least I’ll be paid to sit and wait. The shares are forecast to yield just shy of 4% in the next financial year (beginning April).

Paul Summers has no position in Burberry

Coca-Cola Hellenic Bottling Company

What it does: Coca-Cola Hellenic Bottling Company produces some of the world’s favourite drinks including Coke and Fanta.

By Royston Wild. Soft drinks business Coca-Cola Hellenic Bottling Company (LSE:CCH) has been on a bit of a wild ride in recent weeks. Having sunk at the start of February, the release of impressive full-year numbers saw it shoot through the roof again on Valentine’s Day.

Investors are falling back in love with the company. And it’s easy to see why: at recent prices, the FTSE 100 bottler still offers stunning value for money.

City analysts reckon earnings will rocket 21% year on year in 2024. This leaves Coca-Cola HBC trading on a forward price-to-earnings growth (PEG) ratio of 0.6. A reminder that any reading below 1 indicates that a share is undervalued.

The business bottles drinks on behalf of The Coca-Cola Company, which enables it to benefit from the significant brand power of the US drinks giant. This in turn helps it perform strongly during good times and bad — in 2023, it delivered record profit and free cash flow even as consumer spending remained under pressure.

Over the long term, I think Coca-Cola HBC could be a great way for investors to profit from rising wealth in emerging markets.

Royston Wild owns shares in Coca-Cola Hellenic Bottling Company.

Coca-Cola HBC AG

What it does: Coca-Cola HBC AG is a growth-focused consumer packaged goods company and a strategic bottling partner of the Coca-Cola Company. 

By Edward Sheldon, CFA. This month, I think investors ought to consider buying shares in Coca-Cola HBC AG (LSE: CCH). It helps the Coca-Cola Co and other companies such as Monster BeverageBrown-Forman, and Campari sell their products in different markets.

I’m bullish on this stock for several reasons. For starters, the company is performing really well right now. In 2023, it generated net sales revenue growth of 17%. For 2024, it expects growth of 6-7%. 

Secondly, the stock is trading at an attractive valuation. As I write this, the forward-looking P/E ratio is only about 13. That strikes me as a steal. 

Third, the company is rewarding shareholders with dividends and share buybacks. It’s worth noting here that the dividend payout declared for 2023 was nearly 20% higher than the payout for 2022. This increase suggests that management is confident about the future. 

Of course, an economic slowdown could affect the growth story here. At the current valuation, however, I think the risk/reward proposition is attractive. 

Edward Sheldon owns shares in Coca-Cola Company. 

Games Workshop

What it does: Games Workshop is a leader in entertainment, focusing on fantasy board games. It is well known for Warhammer.

By Oliver Rodzianko. I bought Games Workshop (LSE:GAW) shares in October 2023, and I think it is one of the best British companies I own. Its leading position in fantasy board games and exceptional brand power means that it commands some financials I find truly compelling.

For example, it has a net margin of 28%. That’s better than 92% of other companies in its industry. Also, with a balance sheet where 75% of assets are covered by equity, I sleep well at night owning the shares.

Of course, even the best investments have risks. Games Workshop doesn’t have an ideal price-to-earnings ratio. At a high 22, I think its valuation is somewhat concerning.

However, in my eyes, the company has taken the fantasy board game world by storm. So, I’m holding my shares for as long as I can, especially as they also have a 4.5% dividend yield.

Oliver Rodzianko owns shares in Games Workshop.

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.

The Motley Fool UK has recommended Burberry Group Plc, Games Workshop Group Plc, and Monster Beverage. 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.

More on Investing Articles

Investing Articles

1 FTSE dividend stock I’d put 100% of my money into for passive income!

If I could invest in just one stock to generate a regular passive income stream, I'd choose this FTSE 100…

Read more »

Young mixed-race woman jumping for joy in a park with confetti falling around her
Investing Articles

Forecasts are down, but I see a bright future for FTSE 100 dividend stocks

Cash forecasts for UK dividend stocks are falling... time to panic! Actually, no. I reckon the future has never looked…

Read more »

Young female analyst working at her desk in the office
Investing Articles

Down 13% in April, AIM stock YouGov now looks like a top-notch bargain

YouGov is an AIM stock that has fallen into potential bargain territory. Its vast quantity of data sets it up…

Read more »

Young Asian man drinking coffee at home and looking at his phone
Investing Articles

Beating the S&P 500? I’d buy this FTSE 250 stock for my Stocks and Shares ISA

Beating the S&P 500's tricky, but Paul Summers is optimistic on this FTSE 250 stock's ability to deliver based on…

Read more »

Passive and Active: text from letters of the wooden alphabet on a green chalk board
Investing Articles

2 spectacular passive income stocks I’d feel confident going all in on

While it's true that diversification is key when it comes to safe and reliable investing, these two passive income stocks…

Read more »

Investing Articles

The easyJet share price is taking off. I think it could soar!

The easyJet share price is having a very good day. Paul Summers takes a look at the latest trading update…

Read more »

Young mixed-race woman jumping for joy in a park with confetti falling around her
Investing Articles

9 stocks that Fools have been buying!

Our Foolish freelancers are putting their money where their mouths are and buying these stocks in recent weeks.

Read more »

Three signposts pointing in different directions, with 'Buy' 'Sell' and 'Hold' on
Investing Articles

As the Rentokil share price dips on Q1 news, I ask if it’s time to buy

The Rentokil Initial share price has disappointed investors in the past 12 months. Could this be the year we get…

Read more »