I think these are two of the best UK shares to buy for 2021

first_imgI think these are two of the best UK shares to buy for 2021 Our 6 ‘Best Buys Now’ Shares With so many uncertainties facing the UK and global economy, picking the best UK shares to buy for 2021 is challenging. However, I believe a couple of companies are well-placed to outperform in the year ahead. I think these businesses can continue to register profit growth, no matter what the future holds. 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…UK shares for 2021The first company on my list is retailer Pets at Home (LSE: PETS). Retail is a viciously competitive business and, usually, I try to avoid the sector. But Pets is a little different. It’s the largest retailer of pets and pet products in the UK. This gives it a unique competitive advantage.There aren’t that many other companies offering the products and services provided by this enterprise. The rest of the market is highly fragmented, predominantly small independent retailers which may not be able to compete with the product range and price. As well as this advantage, the business should also benefit from the fact that consumers can’t choose to put off spending on their pets. If an animal needs food or a new bed, the owner has no choice. It has to be acquired, making the company an essential retailer. Pets is usually the best option the owner has for these items. Those are the two primary reasons I believe this is one of the best UK shares to buy for 2021. With these tailwinds behind the business, I think it should continue to report steady growth throughout the year and beyond. As well as these competitive advantages, the stock also supports a dividend yield of 1.8%. Hargreaves Lansdown My second pick of the best UK shares to buy for the year ahead is online investment platform Hargreaves Lansdown (LSE: HL). Over the past 12 months, unlike many other companies, this business has substantially increased revenues and customer numbers.People stuck at home have played the stock market, leading to increased commission revenue for the investment platform. Some of these customers may leave in 2021 but some will stay, and this should provide additional income for the group. And with more customers paying to use the group services, I think there will be more cash available for marketing. This will produce a virtuous cycle. More customers generating more profits to be invested in more marketing to attract more customers. Those are the key reasons why I believe this one of the best UK shares to buy now. Hargreaves’ net income growth has averaged 15% per annum since 2015. Following last year’s trading boom, I reckon there’s a good chance the company may be able to surpass this in the years ahead. I think shareholders will see large capital gains on their investments as a result. In addition to this capital growth potential, the stock also offers a dividend yield of nearly 3%.  Rupert Hargreaves | Friday, 8th January, 2021 | More on: HL PETS The high-calibre small-cap stock flying under the City’s radar 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. Enter Your Email Address 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.center_img Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Image source: Getty Images Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Hargreaves Lansdown. 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. Simply click below to discover how you can take advantage of this. Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! See all posts by Rupert Hargreaveslast_img

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