I think these two FTSE 100 UK shares could help you make a million

first_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. Simply click below to discover how you can take advantage of this. See all posts by Rupert Hargreaves Our 6 ‘Best Buys Now’ Shares Many UK shares are currently trading at depressed levels. It’s easy to see why investor sentiment towards many FTSE 100 companies is as negative. Factors such as Brexit and the coronavirus crisis mean the near-term outlook for UK businesses is highly uncertain. However, these are only short-term headwinds. As such, now could be an excellent time for long-term investors to snap up these blue-chip bargains while the rest of the market is looking the other way.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 on offerHSBC Holdings (LSE: HSBA) is one of the largest banks in the world, and one of the most prominent UK shares. Still, despite the company’s advantages, shares in the lender have come under pressure in recent months. Following these declines, shares in HSBC are now trading as a level not seen since the late 1990s.This is unwarranted, in my view. While the company is facing short-term headwinds, such as the coronavirus crisis and low-interest rates, it’s one of the few genuinely global banks.This is HSBC’s most significant competitive advantage. Clients can trade across the world and move money through the bank’s accounts without having to open new accounts with other lenders. Despite this relatively unique advantage, HSBC is one of the cheapest UK shares. Following recent declines in the lender’s share price, the stock is currently dealing at a price-to-book (P/B) ratio of just a 0.5. That suggests the stock offers a wide margin of safety at current levels. What’s more, before the pandemic struck, HSBC was one of the biggest dividend payers of all UK shares. While the bank is currently prohibited from paying dividends, when the crisis is over, I think management will restore the payout. If it’s restored at last year’s level, the stock’s yield may be as high as 6.8%. All of the above suggests now could be an excellent time to snap up some shares in this undervalued lender. St James’s PlaceA handful of other UK shares have similar qualities to HSBC. St James’s Place (LSE: STJ) is one example. This is one of the UK’s most recognised and trusted wealth management brands. Its latest trading update seems to prove the point. Net cash inflows rose 2% to £4.5bn in the six months to end-June. That’s highly impressive considering the fact that the stock market experienced one of its worst crashes on record at the end of March. That said, like many UK shares, St James’s has been negatively impacted by the pandemic. Profits declined by a double-digit percentage year-on-year during the first half. Still, the firm registered a better performance than most of its FTSE 100 peers. Management has been able to keep the company’s dividend as a result, albeit at a reduced level. On current forecasts, the stock will pay investors a yield of 2% this year. That’s below the 4% paid last year, but still attractive considering the current environment.These qualities suggest St James’s Place may be one of the best UK shares to buy in a diversified portfolio right now.   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. Image source: Getty Images Enter Your Email Addresscenter_img Rupert Hargreaves | Tuesday, 18th August, 2020 | More on: HSBA STJ Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended HSBC Holdings. 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. 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 think these two FTSE 100 UK shares could help you make a million “This Stock Could Be Like Buying Amazon in 1997”last_img


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