How I’d find the best UK shares to buy now to make a million

first_imgHow I’d find the best UK shares to buy now to make a million Peter Stephens | Saturday, 16th January, 2021 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” Making a million by investing money in the stock market is a realistic goal for many investors. However, that task could be made easier by identifying the best UK shares to buy now.Clearly, different investors will have differing views on which companies are the best stocks to purchase. However, those businesses with competitive advantages, low share prices and industry growth potential could be among the top performers over the long run.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…Searching for sectors containing the best UK shares to buy nowThe best UK shares to buy now may not necessarily be found in industries that have clear long-term growth prospects. Certainly, sectors such as healthcare and online retail may contain attractive businesses with clear growth potential.However, other sectors that have struggled since the start of the coronavirus pandemic may be able to offer strong recovery prospects as the world economy returns to improved levels of growth.For example, sectors such as financial services and energy may enjoy significantly improved operating environments in the coming years. As confidence returns, consumers and businesses may increase their spending and investment.This could increase demand for a range of goods and services. These include petrol, loans and many other areas that have experienced low demand in recent months.Identifying stocks with competitive advantagesOf course, sectors with recovery prospects may experience further challenges in the short run. This could cause UK shares operating within them to post disappointing financial performances that puts pressure on their financial positions.As such, the best UK shares to buy now are likely to be those businesses with a large competitive advantage over their peers. They may be able to more easily overcome a period of weak growth.They may also be able to capitalise on long-term growth trends through increasing their market share, enjoying higher margin growth and delivering rising profitability. Ultimately, this may produce a rising stock price that makes them more attractive buying opportunities at the present time.Buying undervalued stocksWhere a company with long-term recovery potential and a competitive advantage trades at a low price, it could prove to be one of the best UK shares to buy now. A margin of safety may mean less risk in the short run. As well as scope for higher returns in the long run. Such companies may offer the chance to earn a higher return than the wider stock market.Even if an investor matches the returns of the wider market over the coming years, they could make a million. For example, assuming the same 9% annual total return as the FTSE 250 has posted in the last 20 years would turn a £500 monthly investment into a £1m portfolio in just over 30 years.By investing in the best UK shares today, it’s possible to beat that return and reduce the amount of time it takes to make a million. See all posts by Peter Stephens Enter Your Email Address 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. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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.last_img

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