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.
I think the outlook for this growth stock is positive when I take into account other initiatives beyond physical stores. It has diversified into offering products in supermarkets, and taking advantage of home delivery.
One risk though is the very competitive market it operates in. It competes against local and national companies in the same space, and so is always at risk of losing business.
Another UK growth stock I’m considering is
Entain (LSE: ENT). The gambling and sports betting company has registered impressive share price gains. Over the past year, the share price is up 121%! As the 2020 results noted, it has seen 20 consecutive quarters of double-digit online net gaming revenue growth.
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.
Stock market crash buys
I plan to focus on buying economic recovery plays, as I think these companies have the most potential as we advance.
With that in mind, I would add
Virgin Money(LSE: VMUK) to my portfolio today. I think the challenger bank should see rapid growth over the next few years as the economic recovery gains traction. Its latest results show the group is already heading in the right direction.
At the beginning of May, Virgin Money said fiscal first-half pre-tax profits came in at £245m from £120m a year ago.
What I’d do about these 2 high-performing penny stocks now
More on: Image source: Getty Images
Last May, UK shares were still reeling from the impact of the stock market crash. Because bears ruled the day, their share prices were still quite low. But one year later, they have recovered quite a bit and that includes many penny stocks.
N Brown shows sharp share price rise
One of them is the penny stock
N Brown (LSE: BWNG), which is up 283% over the year. Yet its share price is still way below the highs at which it started 2020.
US$12.3 TRILLION out of thin air…
Why this pricey UK share is still a buy for me
More on: Image source: Getty Images.
The stock market rally has now been going on for over six months now. This translates into a price rise across UK shares, making them more expensive than before., even with the sell-off seen this week.
So how should I as an investor decide which stocks to buy?
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.
Interpreting valuations
One way is to consider those that are relatively undervalued in a general bull market. My preferred measure is the price-to-earnings (P/E) ratio, which provides a way to make a comparison against peers.
Here are my top stocks to buy now for my 2021 Stocks and Shares ISA Image source: Getty Images
The Stocks and Shares ISA is a great investment vehicle enabled by the government. It allows me to build up a pot of investments within a specific account that is free from capital gains tax. This tax would normally be charged when I fill out my tax return each year. However, due to my ISA, I can buy and sell without needing to worry myself about it. With the new ISA year having begun in April, here are the stocks I’m looking at for my 2021 allocation.