first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh | Wednesday, 29th July, 2020 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. Stock market crash: 3 cheap UK shares I’d buy today to double my money Manika Premsingh owns shares of AstraZeneca. The Motley Fool UK has recommended Lloyds Banking 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Simply click below to discover how you can take advantage of this. Image source: Getty Images. Stock market crashes can be demoralising times for investors. The sharp drops in investment values are enough to make anyone cringe. But so long as we can keep steady, I think stock market crashes can be the best times to invest our money in cheap UK shares and look forward to doubling it much faster than would otherwise be possible.The hidden potential in stock market crashesAs during the corona-crisis and the recession that followed, a stock market crash happens when investors start panic-selling. This impacts even those stocks that otherwise have great values. Cheap UK shares, as a result, are no longer companies with iffy prospects – they include financially healthy companies with positive potential too.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…Investors that can identify these stocks and buy them at their lows stand to gain a lot. As an example, consider the FTSE 100 healthcare giant, AstraZeneca, which has gained 40% from the lowest it crashed to in March. In fact, its share price is now at all time highs, helped by its Covid-19 research. What makes cheap UK sharesMany other FTSE 100 shares have gained much since the stock market crash as well. While the number has fallen, some of them are still very much around. But first, what makes a cheap UK share? Not the absolute share price. By that metric, Lloyds Bank, with its price at around 30p, would be one. In figuring which share to buy, I much prefer to use the price-to-earnings (P/E) ratio, which gives a better idea of where a stock stands compared to similar stocks. FTSE 100 shares to double the moneyBy this metric, a cheap UK share is the FTSE 100 multi-commodity miner, Anglo American, which has a P/E of 7.2 times. Compare this to AstraZeneca with a P/E of 75 times. AAL is a financially healthy company that’s weathering this time well. And it pays a dividend. Another cheap UK share is the FTSE 100 property developer Barratt Developments, which also has a P/E of 7.2 times. Like all other real estate companies, it too suffered quite a bit because of the lockdown and property markets’ sensitivity to recessions. Its share price has recovered somewhat, but is yet to go back to its pre-crash highs. I think there’s some pain in store as the slowdown in the economy plays out fully, but going by its past strength, I think BDEV is one for the long-term investor.The FTSE 100 Irish construction company CRH is another stock I like. With its sub-7 P/E ratio, dividend payouts, financial stability, and geographical diversification, I can’t see what’s not to like. Like BDEV, it too may suffer in the short term, because construction has been affected by the economic slump, but it’s a matter of time before it bounces back. I think all these stocks are good bets to double your investments in the next few years, making them among the best (but still cheap) UK shares to buy now. Enter Your Email Address See all posts by Manika Premsingh 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. 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