Stock market crash: A cheap UK share I’d buy for my ISA as e-commerce explodes

first_img Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended boohoo group. 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. Can UK share prices continue their recent surge through the roof?I’m not wise enough to forecast whether or not the FTSE 100 and FTSE 250 will extend their recent gains, or whether UK share prices will come crashing down again. The fluid coronavirus crisis means that making a solid prediction either way is nigh on impossible.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…Buying wisely after the stock market crashHowever, I am prepared to say that now is a great time to buy UK shares. The FTSE 100 for instance continues to trade at a 15% discount to levels recorded at the start of 2020. There are plenty of quality stocks inside and outside the London Stock Exchange’s blue-chip index that continue to trade more cheaply than they were before 1 January. Consequently a lot of companies are trading on ultra-low valuations.Clearly the Covid-19 crisis has changed the earnings picture for a great many UK shares for the worse. A lot of stocks will suffer serious long-term impacts as a result of the consequent economic downturn. However, many companies still have very bright futures and strong balance sheets to ride out the crisis. This means that eagle-eyed investors can nip in and grab a bargain or two.A top UK share for growth investorsBoohoo Group (LSE: BOO), for instance, is a UK share that offers plenty for growth and value investors to savour. Rampant e-commerce growth means that City analysts reckon its annual earnings will soar 36% this financial period (ending February 2021). And this leaves the retailer trading on a bargain-basement forward price-to-earnings growth (PEG) ratio of 1.The English Covid-19 lockdown might be about to expire. But it’s been reported that the government’s planning for restrictions of some kind to remain in place until next April. This would of course provide a serious medium-term boost to online-only operators like Boohoo. To illustrate the point, the Confederation of British Industry says that 55% of retailers saw the volume of goods shifted via the Internet rise in November amid new lockdown restrictions.Buying the dipEven in the absence of additional Covid-19 restrictions, though, I’m tipping Boohoo to deliver excellent long-term profits growth. And not just because the e-commerce segment is expected to keep expanding at a terrific pace during the 2020s.Its eponymous clothing lines have splendid brand power, boosted by significant investment in marketing in recent years. The acquisitions of PrettyLittleThing and Nasty Gal in recent years has bolstered the UK share’s clout in this area, too.Predictions that the leisurewear market will keep growing at a terrific rate bode extremely well for Boohoo, too. And like Primark and H&M, the retailer’s also in a strong position to ride roaring demand for low-cost fashion. Boohoo’s shares have fallen slightly in value during 2020. They are down 23% in just a couple of months too. I believe this provides an exceptional buying opportunity for savvy ISA investors. 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. 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” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Stock market crash: A cheap UK share I’d buy for my ISA as e-commerce explodescenter_img See all posts by Royston Wild Royston Wild | Thursday, 26th November, 2020 | More on: BOO 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. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Image source: Getty Images last_img

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