I’d buy these cheap UK shares with £10k today

first_img See all posts by Rupert Hargreaves Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Rupert Hargreaves | Tuesday, 1st December, 2020 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. Image source: Getty Images If I had a lump sum of £10k to invest today, I’d buy cheap UK shares. This might seem like a risky prospect. After all, the outlook for the UK economy is highly uncertain in the short term. However, research shows that the best time to buy stocks is when they’re trading at low levels. Analysis suggests this approach can achieve high returns in the long term. 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…As such, I’d look past the short-term headwinds facing the UK economy and focus on the long term instead. Cheap UK shares to buy Based on the above, I’m looking for companies that appear to be well-placed to succeed in the long term no matter what. One of the businesses that fit into this bracket in my view is power plant owner-operator Drax. It’s fair to say that the UK will always need electricity and Drax is one of the country’s largest power suppliers. The company has recently been converting its old carbon-intensive coal and gas power plants into cleaner bio-fuel-powered facilities. This should ensure the business remains relevant as the UK moves onto a more sustainable energy footing. Another organisation that’s changing with the times to remain relevant is bus and train operator FirstGroup. This company has suffered significantly in the pandemic with government advice to avoid public transport sending passenger numbers and revenue plunging.Nevertheless, I firmly believe that if the country is going to meet its long-term pollution targets, public transport will play a key role. FirstGroup has been preparing its fleet by investing in green vehicles. As such, I believe this stock could produce high total long-term returns for investors as it profits from the above themes. Short-term headwindsMany cheap UK shares are currently facing short-term headwinds. If companies can manage these challenges, I reckon they could see substantial growth in the years ahead. One such business is Marks & Spencer. The retail giant has used the Covid-19 crisis to instigate some significant changes. The group has shut stores, cut costs and put more capital into it online operation. I think these reforms are long overdue, which is why I’ve turned positive on the business in the long run. Management’s efforts to change the company to cope with Coivd-19 could help propel the stock higher over the next few years. I think Capita Group is in the same position. A string of government contracts has helped the stricken outsourcer improve its balance sheet and operating performance this year. If management can build on this progress in the next few years, I reckon the stock could be a winner. If owned as part of a basket of other cheap UK shares, I think investors could see large total returns.center_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves owns no share 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. 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. 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