The Motley Fool

Stock market crash: 3 cheap UK shares I’d buy now in an ISA to make a million

Investor appetite for UK shares remains in the doldrums. Share prices across the FTSE 100 and FTSE 250 continue to struggle for any traction as issues like Covid-19 and US-China diplomatic tensions cast a pall over the global economy.

This is a wasted opportunity, in my book. Stock investors tend to make their fortunes over a number of years. By buying quality UK shares at dirt-cheap prices, they can supercharge their returns by watching these stocks balloon in value as the economic rebound kicks in.

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...

Businessman leading a chart upwards

Let me give you an example of this phenomenon in action. The FTSE 100 sank as low as 3,500 points in the depths of the 2008/2009 banking crisis. But it gradually recovered over the next decade and struck record peaks above 7,700 points in summer 2018.

Someone who invested in the troughs of the banking crisis would have made a fortune during the subsequent recovery. Many ISA investors even made millions by buying low and selling high years later. And I believe the 2020 market crash offers another great opportunity to get rich from UK shares.

3 brilliant (and cheap) UK shares I’m looking at

I don’t plan to stop buying UK shares despite the murky, near-term economic outlook. In fact, these three stocks are on my watchlist as they offer quite spectacular value at current prices.

  • Anexo Group provides replacement vehicles and legal services to drivers involved in no-fault accidents. With the number of cars on the road steadily rising, it can expect demand for its services to continue growing. And it’s been busy expanding its legal teams to win more and more business. This company trades on a too-cheap-to-miss forward price-to-earnings (P/E) ratio of 9 times.
  • Ergomed’s another great pick for those seeking low-cost UK shares. Annual earnings here are expected to double in 2020 and this leaves the company dealing on a price-to-earnings growth (PEG) ratio of 0.2. Ergomed provides specialised services to pharma companies including managing clinical trials and providing clinical drug development assistance. It’s been splashing the cash in recent times too, in order to expand its geographic footprint. And this should provide profits with an extra shot in the arm.
  • 888 Holdings has plenty to look forward to as the popularity of internet gambling takes off. Lockdowns imposed in the wake of Covid-19 have hastened the structural shift of punters online. It’s why this particular UK share saw average daily revenues spike 34% between  1 January and 26 June. Right now, 888 trades bang on the widely-accepted bargain benchmark PEG ratio of 1.

Get rich with bargain stocks

888 et al are just a few of the possible millionaire-makers I think are too cheap to miss today. Truth be told, the recent stock market crash leaves plenty of top UK shares like this trading on ultra-low valuations. And The Motley Fool’s vast collection of special reports and in-depth articles can help you identify the best stocks that the London Stock Exchange has to offer.

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 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

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.