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Make a million! 2 UK shares I think are too good to miss right now

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Investor confidence is still in the doldrums and another stock market crash could be approaching. This leaves many seasoned UK share investors with a bit of a conundrum.

Sure, there are plenty of top stocks trading incredibly cheaply after being sold off heavily in 2020. But do you really want to watch them slump in value as the Covid-19 crisis rolls on?

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To me, at least the answer is simple. Stock market crashes don’t come along that often. And when they do stock investors need to come out fighting. Panicked investors always sell off robust companies in the rush for the exits along with those more vulnerable UK shares.

This gives you and I the chance to pick these up for next to nothing and watch them soar in value as stock markets steadily recover in the following years. This is how hundreds of Stocks and Shares ISA investors made millions after the 2008/09 banking crisis.

Reasons to be bullish!

It’s clear that the Covid-19 crisis will have severe social, economic and political consequences for years to come. But then so did the banking sector meltdown of the late 2000s. And yet UK share prices still rocketed.

In fact stock markets have roared back from crises and market crashes each and every time. And supported by strong central banks I don’t expect things to be any different during the early 2020s.

Financial technology concept. Stock market crash.

UK share investors clearly need to think carefully before parting with their cash. A lot of companies have had their bright growth prospects decimated following the Covid-19 outbreak. Some have debt-heavy balance sheets that’s putting their very existence under threat too. I’ve been burnt by buying Cineworld Group shares before the crash.

2 top UK shares

However, there’s still a galaxy of rock-solid UK shares for investors to choose from. The kind of stocks that should soar in value once confidence returns to global stock markets. Here are two high-quality stocks I’m thinking of adding to my own Stocks and Shares ISA:

  • Springfield Properties’ share price collapse in 2020 provides an excellent dip buying opportunity. It has helped create a forward price-to-earnings (P/E) ratio of just 5 times. The UK share boasts a monster 6.8% dividend yield as well. News that private reservations exploded 24% year-on-year here between June and August have dulled speculation around a collapse in the housing market following the Covid-19 outbreak. Springfield remains in great shape to provide exceptional shareholder returns beyond the near term too. Britain’s homes shortage will take many years to resolve which will be supportive for property prices. And this UK share plans to turbocharge its build rates to capitalise on this fertile environment.
  • Tate & Lyle’s shares continue to look ludicrously cheap too. As well as carrying a forward P/E ratio of 13 times, this UK share yields a terrific 4.2% for this fiscal year. I don’t think its current valuation reflects the food producer’s exceptional defensive qualities, nor the excellent brand power of its sugars and the like. Tate & Lyle is already starting to see trading conditions improve. I reckon its share price should start trending higher sooner rather than later.

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.

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