The Motley Fool

Stock market crash: these cheap UK shares have rocketed since the crash! I’d buy them in an ISA

Image source: Getty Images

The 2020 stock market crash has created an irresistible buying opportunity for share investors. It’s a theme that we here at The Motley Fool like to remind our readers of on a regular basis. The FTSE 100 and FTSE 250 alone are chock-full of top-quality-yet-astonishingly-cheap UK shares following the collapse earlier this year. And it’s our job as writers to bring these cut-price heroes to your attention.

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

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...

3 cheap UK shares I’d like to buy

You don’t just need to go looking for shares that have fallen in value to grab a bargain however. There are scores of UK shares whose prices have rocketed since the start of the year. Yet, by conventional metrics, they still look too cheap to miss.

Give me a few minutes to talk about some of the low-cost UK shares that I’m thinking of buying in my ISA today:

  • Admiral Group is up 8% so far in 2020 and it’s not a mystery as to why. As a major motor insurance provider, customers are legally obliged to take out its products whatever broader economic conditions are like. This provides even the most nervous of investors with peace of mind. I don’t think a forward P/E ratio of 17 times is that expensive, given its supreme defensive qualities and brand strength. But what really attracts my attention is the FTSE 100 insurer’s 5.5% dividend yield.
  • Some customer-facing companies with strong online operations have also performed well in 2020. Whether you sell food, or allow people to gamble, through cyberspace you’re set to benefit from rising internet adoption in the wake of the Covid-19 pandemic. This is why online casino and gambling giant Gamesys Group has surged 40% in value this year. I think this particular UK share still looks great value on paper though, given it trades on a P/E ratio of just 8 times.
  • The rocketing gold price has dragged the price of bullion-producing UK shares to the stars as well. Highland Gold Mining for example has risen 50% in value since 1 January. But it also looks like a bargain given its low P/E ratio of 12 times for 2020. Gold’s just broken above the $2,000 per ounce marker for the first time, but it looks set to keep booming on the back of rampant central bank money printing. The experts at UBS even suggest gold could hit $2,300 in the coming weeks and months. There seems plenty of scope for Highland’s shares to keep rising then.

Getting rich after the stock market crash

Highland et al are just some of the top-quality UK shares trading below true value right now. This is why we believe the stock market crash of 2020 offers an excellent investment opportunity for savvy share-pickers. And even more cut-price stock market stars can be found by browsing The Motley Fool’s huge library of special reports and timely articles.

A Top Share with Enormous Growth Potential

Savvy investors like you won’t want to miss out on this timely opportunity…

Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-play’ online business (yes, despite the pandemic!).

Not only does this company enjoy a dominant market-leading position…

But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks!

And here’s the really exciting part…

While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes.

That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021.

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

Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Admiral Group. 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

The renowned 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 enter your email address below to discover how you can take advantage of this.

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.