The Covid-19 epidemic poses a significant threat to the global economy. But remember, the FTSE 100 has doubled in value from the depths of the 2008 stock market crash to those highs ten years later. I think UK stocks could also offer another dramatic recovery from the pandemic, aided by historic monetary stimuli from central banks.
3 British stocks at a low price
I plan to continue investing after the 2020 stock market crash. There are simply too many top quality UK stocks that cannot be ignored at current prices. Give me a few minutes to find out about some of the companies on my own personal watch list:
- Primary health properties looks particularly cheap right now. It is trading on an undemanding price / earnings futures growth (or PEG) of 1.2. It also carries a hefty dividend yield just below 4%. Demand for its primary health care facilities has exploded in recent times, with the Covid-19 crisis pushing hospital capacity to the breaking point. I am tilting demand for its properties so that it continues to climb, as Britain’s aging population spurs investment in healthcare.
- The explosion of online gambling GVC Holdings to watch for in the years to come. Its share price recently fell after the UK tax authorities launched an investigation into its former Turkish company. This provides a new buying opportunity in my book, with the company now trading on an undemanding 14x forward P / E ratio. I have no doubts that revenue growth (particularly in the US) will propel its stock price to the stars.
- UK stocks that produce gold are an attractive destination as bullion prices skyrocket. And Petropavlovsk, a Russian miner that trades on a futures price / earnings (P / E) multiple of 12 times, is a great choice for value hunters. Gold prices are expected to continue rising into the new decade as excessive money printing by central banks stimulates demand for inflation-proof assets like bullion.
Buying stocks after the stock market crash
These are just a few of the high value UK stocks I am thinking of buying today. There are many other quality stocks too good to miss after the stock market crash. And the Crazy motleyThe huge library of articles and special reports can help you extract and enrich yourself.
Royston Wild has no position in any of the stocks mentioned. The Motley Fool UK Recommended Primary Health Properties. The opinions expressed on the companies mentioned in this article are those of the author and therefore may differ from the official recommendations that we make in our subscription services such as Share Advisor, Hidden Winners and Pro. At The Motley Fool, we believe that considering a diverse range of information makes us better investors.