Look, I get it. Demand for UK shares remains rock-bottom as the perilous economic landscape threatens to derail corporate profits. Stock investors clearly need to be extra careful before taking the plunge.
This doesn’t mean you and I should stop buying UK shares altogether though. There remain plenty of exceptional shares that should keep delivering awesome earnings growth over the next couple of years.
A great many of these are trading at dirt-cheap prices after being oversold during the stock market crash of early 2020 too. This means you and I can follow the example set by recent ISA millionaires. Buy them for next-to-nothing today and sell them at a huge premium when economic conditions eventually improve.
Should you invest £1,000 in BP right now?
When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets. And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if BP made the list?
3 UK shares that could make you a million
I continue to buy quality UK shares for my own Stocks and Shares ISA. Here are three more I’m considering buying. They’re in great shape to deliver excellent profits growth despite the uncertain economic outlook:
- The booming games industry received an extra boost because of Covid-19-related lockdowns. And this has enhanced Keywords Studios’ reputation as one of the hottest growth stocks out there. This UK share provides a range of services to video game manufacturers, helping them polish up their product and get it from the drawing board onto customers’s screens. Gaming is increasingly big business and growing at an annualised rate of 8.3%, according to industry experts Newzoo. Keywords is clearly in a great place to ride this exciting trend.
- Data giant Experian also remains a terrific pick for growth hunters. The FTSE 100 firm continues to aggressively roll out its products worldwide and, in particular, has significant opportunities to build its position in the gigantic Brazilian marketplace. It can rely on remortgaging activity in an era of collapsing interest rates to drive business too. And it can also expect rising digitalisation in the wake of Covid-19 to boost sales. As the experts at UBS comment: “[This] requires more data checks, validation, verification, and so more demand for Experian.”
- GB Group is another possible millionaire-making UK share as the world becomes more digitalised. Why? Its Loqate software eliminates the problem of ‘bad address’ data that retailers may have for their customers. Its technologies also allow companies to reduce the problem of fraud. With e-commerce activity rocketing, demand for GB Group’s services is likely to soar too.
Getting rich with The Motley Fool
GB Group et al are just a few of the high-quality UK shares that could make investors a fortune over the next decade. With the help of The Motley Fool’s epic catalogue of special reports you can dig out even more potential millionaire makers. So do some research and get investing today, I say. You could build a huge retirement pot, retire early, and possibly even make a million.
