The Motley Fool

3 UK shares to buy in April 2021

Image source: Getty Images

Summer is always a tricky time for my portfolio as I tend to buy FTSE company shares just as they hit their top, but this year I’m getting in before that with my top three UK shares to buy in April.

Balfour Beatty

Balfour Beatty (LSE: BBY) is the first UK share I want to buy next month. Prior to the pandemic, which shut down most construction across the UK, the industry was contributing approximately £140 billion pounds to the economy.

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...

Balfour Beatty leads the pack in British construction and has the most to gain from the eventual reopening of the country. As governmental infrastructure plans resume, I think that UK construction stocks will receive a big boost for years to come, beginning with easings in April. Infrastructure never stops, and the company has the resources to weather any hardship, which leads me to believe that Balfour Beatty’s share price will be the biggest beneficiary when construction sites reopen.

Of course, there is always the looming threat of a global recession thanks to mounting Covid-19-induced debt, which could see the construction sector as one of the worst-hit, dramatically hurting Balfour Beatty.

Playtech

Of all the top UK shares to buy in April, I wouldn’t have normally thought of a gaming giant, yet I’m itching to add Playtech (LSE: PTEC) to my portfolio before summer.

This is a risky ‘bet’ for me (forgive the pun). A 10.6% decline in B2B revenue in 2020 weighed on Playtech and contributed to a group-wide 25% decline in revenues to €1.07 billion for the year, meaning that it really has a lot of ground to make up if it’s going to stand a chance at seeing its share price grow.

But I think that the gambling software developer will be the biggest winner when fans return to events such as the Olympics and UEFA European Championship. I believe that the return of fans, albeit in a restricted fashion, will see an upsurge in gambling as home-stayers attempt to up the stakes. Especially those fans who have extra disposable income that would have otherwise been spent on social events.

Even though Playtech’s share price has risen more than 130% in the past 12 months, it is still a long way off of its 2017 highs, which makes its current price cheap for me (and my Foolish colleague Jabran Khan agrees).

Virgin Money UK

Much like gamblers, I believe that banks will be among the biggest winners from increased disposable income, making Virgin Money UK (LSE: VMUK) my final top UK share to buy in April.

Banks were hit hard in 2020 as businesses everywhere closed their doors, but with an economic reopening and improved outlook on the horizon, I foresee these losses receding, which should see Virgin Money stage a recovery over the coming years. I am hoping that pent-up frustration from being locked down will lead to increased borrowing as people jet off on holidays and other experiences, beginning this summer, which will only benefit the company.

Of course, banks are still very risky during a pandemic, and although Virgin Money is among my top British shares to buy in April, ultra-low interest rates will put massive pressure on already depressed profit margins, thus increasing my risk in such a position.

One stock for a post-Covid world...

Covid-19 is ripping the investment world in two…

Some companies have seen exploding cash-flows, soaring valuations and record results…

…Others are scrimping and suffering.

Entire industries look to be going extinct.

Such world-changing events may only happen once in a lifetime.

And it seems there’s no middle ground.

Financially, you’ll want to learn how to get positioned on the winning side.

That’s why our expert analysts have put together this special report.

If the pandemic has completely changed our lives forever, then they believe that this stock, hidden inside the tech-heavy NASDAQ, could be set for monstrous gains...

Click here to claim your copy now — and we’ll tell you the name of this US stock… free of charge!

Our 6 'Best Buys Now' Shares

Renowned stock-picker Mark Rogers and his 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 click below to discover how you can take advantage of this.