Have £3k to invest in an ISA? 3 cheap UK shares I’d buy for explosive profits growth

first_imgHave £3k to invest in an ISA? 3 cheap UK shares I’d buy for explosive profits growth There’s a world of opportunity for UK share investors to exploit today. With Covid-19 tensions continuing to limit buyer appetite, there are stacks of top stocks being overlooked by market-makers. As a consequence, you and I have a chance to nip in and load our stocks portfolios with brilliant bargains.It’s true the global economy faces significant challenges in the short-to-medium term. There are still plenty of quality UK shares expected to deliver spectacular earnings growth in this period however.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…3 top UK sharesThe following three UK shares are all expected to enjoy spectacular earnings growth. And, at current prices, I reckon they look too cheap to miss:Clipper Logistics is a UK share I’ve already invested in on account of the key role it plays in the booming e-commerce sector. Its share price has rocketed since I bought in August, but it still remains ultra cheap. Today, Clipper trades on an ultra-low forward PEG ratio of 0.9, as brokers expect annual earnings to rise 29% in this fiscal period. This logistics provider is no flash in the pan though, with analysts reckoning online shopping volumes will continue surging. I plan to hold this particular UK share for many years to come.Investing in Japanese gaming house Konami Holdings Corporation is another great way to try and get rich over the coming decade. Gaming is the about to overtake television as the world’s fastest-growing entertainment sector. And beloved titles such as Pro Evolution Soccer and Metal Gear Solid will allow Konami to ride this trend to its fullest. City analysts reckon earnings will rocket 31% in this fiscal year. And this leaves Konami dealing on a forward price-to-earnings growth (PEG) ratio of just 0.8.Value hunters need to pay gold producer Centamin some serious attention too. As well as also boasting a rock-bottom forward PEG ratio of below 1 — built on predictions that annual earnings will soar 75% in 2020 — this UK share carries a massive 6% dividend yield. Gold prices have stepped back recently on healthy profit booking and a rising dollar. But the eternal safe-haven asset is likely to rebound strongly, due to significant macroeconomic uncertainty and inflationary fears spurred by ongoing central bank money printing. Analysts at Citi, for example, reckon bullion prices will soar from $1,900 per ounce today to average $2,275 in 2021. And they believe gold will rocket to record highs of around $2,400 per ounce in the next six to 12 months.Making a fortune with some Foolish adviceSo what are you waiting for? I think all three of these UK shares would look good in any stocks portfolio. And the 2020 stock market crash has left many more top-quality shares looking too cheap to miss. By browsing The Motley Fool’s huge library of exclusive (and totally free!) reports, you can unearth some of these value heroes. So do some research and get investing today. Enter Your Email Address Simply click below to discover how you can take advantage of this. Image source: Getty Images 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. See all posts by Royston Wild Our 6 ‘Best Buys Now’ Sharescenter_img 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. Royston Wild owns shares of Clipper Logistics. The Motley Fool UK has recommended Clipper Logistics. 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’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. Royston Wild | Saturday, 17th October, 2020 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”last_img

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