5 cheap UK shares I’d buy right now

first_img 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. Rupert Hargreaves | Wednesday, 2nd December, 2020 Enter Your Email Address 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. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Marstons. 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.center_img 5 cheap UK shares I’d buy right now I plan to buy a basket of cheap UK shares in 2021 to take advantage of the country’s economic recovery. I reckon the market is severely undervaluing the prospects for a considerable number of businesses, and I’m looking to take advantage of this discrepancy. 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…Cheap UK sharesOne company that stands out to me is Halfords. This corporation has surpassed all expectations in 2020, and I reckon its good fortune will continue in 2021. A surge in demand for bicycles and cycling equipment this year has provided a windfall for the group. I don’t think this will be a one-off.As the world moves towards a more sustainable future, I believe the demand for green transport will continue to grow. At the same time, equipment acquired this year during the pandemic will need to be maintained going forward. As one of the largest bicycle retailers in the country, Halfords should continue to profit from this theme for years to come, in my opinion. Two other cheap UK shares I’ve been eyeing up are outsourcing group Mitie and pub operator Marston’s. These are two very different businesses. Nevertheless, they’ve both been severely impacted by the coronavirus crisis. Marston’s has struggled due to the forced closure of its hospitality venues. Meanwhile, Mitie is having to deal with higher costs, which are eating into the group’s already thin profit margins.I reckon these are only short-term pressures. Before the pandemic, spending in hospitality venues was at an all-time high. I suspect the sector will recover swiftly when restrictions are lifted. At the same time, I think the UK economic recovery would benefit Mitie. Higher sales may come as a result of increased confidence in customer-led companies. Put simply, I believe these two operations could be some of the best cheap UK shares to play the UK’s economic recovery in the years ahead. Long-term growth Renewi and International Personal Finance are not as exposed to the state of the UK economy as the companies profiled above. However, I still think they could be worth adding to a basket of cheap UK shares in 2021. Renewi is, quite literally, a rubbish business. It provides waste disposal and recycling facilities for customers across the UK and Europe. I think this is a highly defensive business and should continue to see growth, no matter what the future holds for the UK economy over the next few years. International Personal Finance offers unsecured consumer finance products across Europe. Like many other lenders, the firm is expected to report a loss this year due to credit write-offs. However, analysts are expecting a return to growth in 2021. I believe this could lead to improved investor sentiment towards the shares and large total returns for investors in 2021. If the recovery is faster than expected, the stock may even exceed City expectations.  Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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