Articles

5 Best UK Stocks to look for 2020 and beyond

by Scarlett S. Stock Market Analyst

Summary

  1. There are many fundamentally sound businesses who have been through various market cycles and remain firm
  2. Ocado, Future, Games Workshop, Avon Rubber, and Petropavlovsk have yielded triple-digit returns for investors in the last three years
  3. Many businesses have started indicating that they can resume dividend pay-outs, which was not the case during the peak of the unprecedented crisis

Since the onslaught of the Covid-19 pandemic, UK stock markets witnessed bloodshed as they lost more than one-fifth in value. This was primarily triggered by panic-stricken investors who feared the impact of the deadly virus on the overall trading environment in the UK.

However, the UK’s economy has now slowly reopened, and most of the businesses have resumed trading activities with enhanced rules in place. Stocks too, have recovered most of the lost ground. Moreover, dividend seeking investors or people looking forward to income investment can now breathe easy as the businesses have started indicating that they can resume dividend pay-outs, which was not the case during the peak of the unprecedented crisis. Big businesses had slashed dividend during the peak of the Covid-19 crisis.

Also read: BoE under pressure from investors to lift ban on dividend pay-outs by banks

Although the UK had witnessed a sudden spike in the number of Covid-19 infected people, but a new lockdown is less likely to happen. The NHS and the British government are looking forward to stockpile PPE kits and critical medicines to fight against the coronavirus pandemic.


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About Scarlett S. Advanced   Stock Market Analyst

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Joined APSense since, July 17th, 2019, From Sydney, Australia.

Created on Jul 8th 2021 07:15. Viewed 183 times.

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