Stock market crash: 2 cheap UK shares I’d buy now in an ISA to make a million

The stock market crash provides an unmissable opportunity to get rich with UK shares. I’d get started by buying these cut-price stocks in an ISA.

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Investor confidence remains extremely fragile following the 2020 stock market crash. The threat of another market meltdown as the Covid-19 crisis rumbles on means that dip buying of UK shares remains thin on the ground. Escalating tensions between the US and China are putting the dampener on stock picker appetite too.

This is a colossal shame, in my opinion. Buying FTSE 100 or FTSE 250 stocks (or other UK shares) after a market crash gives us a chance to grab quality stocks at low prices. And then watch them boom in value as economic conditions improve.

I plan to continue buying UK shares despite the threat of another stock market crash. The possibility of making a fortune by buying low and eventually selling for much higher is colossal.

A person holding onto a fan of twenty pound notes

2 of the best UK shares for value chasers

There are too many top-quality companies trading at prices too cheap to miss. And it’s our job at The Motley Fool to tell you about them. Give me a few minutes to tell you about two of the stocks on my personal watchlist:

  • Buying healthcare stocks is always a good choice for even the most nervous of investors. The dependable nature of medicines and demand for medical services means specialists in this area can effectively hurdle even the worst of economic downturns. This is why I think pharmaceuticals play Clinigen Group is a brilliant value buy right now. It trades on a low forward price-to-earnings (P/E) ratio of 11 times. And it has a bright future as rising global population levels and increasing healthcare spending in emerging markets balloons. Clinigen aims to grow organic gross profits by  5-10% each year over the medium term at least.
  • Tribal Group isn’t as cheap as Clinigen, but a forward P/E multiple of around 13 times still looks mighty cheap in my book. This UK  share provides educational management software to colleges and universities and it has a packed pipeline of sales possibilities. The impact of Covid-19 is likely to have an big effect on university budgets in the near term. But Tribal still has much to look forward to as more and more educational establishments switch to the public cloud.

Join the millionaires’ club!

We all dream of making a million. But it doesn’t have to be just a far-fetched idea. Studies show us that long-term share investors make on average an annual return of 10%. This means someone who buys £500 worth of UK shares a month (and who reinvests their dividends) can make a magic £1.03m over the space of 30 years.

Clinigen Group and Telit Communications are just two top stocks that could help you join the millionaires’ club. In truth, there’s an abundance of white-hot UK shares that could make you a fortune in the years ahead. And The Motley Fool’s vast collection of special reports can help you dig them out and get seriously rich.  

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 has no position in any of the shares mentioned. 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.

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