This stock market rally has further to run! I’m buying UK shares while they are still cheap

first_img The latest leg of the stock market rally has driven the FTSE 100 above 6,500 and some investors will be wondering whether they have missed the chance to buy cheap UK shares. Given that the index fell below 5,000 in March, that was clearly a better buying opportunity than today. But I’m not worrying about that. This is still a great time to invest.I think there is a good chance the stock market could enjoy another big rally next year, and I want to be there when it does. That’s why I’m sizing up potential FTSE 100 targets today.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…Investing is not a one-shot business. If you start early, you could be doing it for 30 or 40 years, and possibly longer. You will never buy at the exact bottom of the market, so forget where the FTSE 100 stood six months ago. That moment has passed. I think this stock market rally has much further to run.I’d buy FTSE 100 shares todayMost people agree that 2021 has been a dismal year for the stock market. In the short run, that is true. Despite the rally, the FTSE 100 is still around 1,000 points lower than at the start of the year. On the other hand, the crash has give long-term investors a great chance to snap up shares at greatly reduced prices. I invest a regular monthly sum and my spring and summer contributions are already worth a good deal more.Brave and forward-thinking investors who took advantage of the crash in March could be sitting on a 30% gain. That is why we at The Motley Fool urge investors to buy shares when markets crash. History shows they rarely stay down for long, and the early stages of a stock market rally are often the most lucrative.I’m gearing up for the next stock market rallyThe new Covid-19 vaccines are game-changers. Let’s assume for a moment that the government somehow avoids botching the rollout programme. If it does, the country could explode out of the blocks next year.I don’t want to underplay the social and economic damage, and the trauma facing those approaching Christmas in fear of their jobs. The 2020 recession is the fastest and deepest in 300 years, and millions have been hit hard. Yet this is different to the financial crisis. The recession was artificial, mandated by the government lockdown. If the vaccine does set us free, stock markets could rally at speed.People will hit the pubs, gorge themselves at restaurants and besiege airports. They will do everything they can to get their old lives back, because they are tired of being stuck at home. If I am right, the economy will spring back to life, and shares like the two I wrote about this week will lead the charge. The recent stock market rally may only be the beginning, especially if Brexit clouds lift.There is talk of the ‘roaring 20s’. Much of this may be overdone, but buying UK shares today will surely have paid off by 2030. That’s why I am going shopping today. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. The high-calibre small-cap stock flying under the City’s radar Image source: Getty Images Here’s an opportunity for you. 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. Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! This stock market rally has further to run! I’m buying UK shares while they are still cheap 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. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! See all posts by Harvey Jones Harvey Jones | Friday, 4th December, 2020 Simply click below to discover how you can take advantage of this. Enter Your Email Addresslast_img read more