One of my best shares to buy now. And one I’d sell today!

first_img Choosing the best shares to buy now is no easy task. The FTSE 100 is flying on Covid-19 vaccine news. Valuations have started to creep up as optimism reigns.But many stocks remain volatile. Investors are having to struggle with deciding which offer true value and which are cheap for good reason.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…Still, I’ve got a cracking option at the top of my list of the best shares to buy now.Not my best shares to buy nowIt’s difficult to think of a worse combination of the weighty anchor of debt and declining sales. While they may be popular with day traders and short sellers for their volatility, I’m swerving away from Cineworld (LSE:CINE) shares right now.The long-term outlook for cinemas isn’t good. This isn’t just my opinion, it’s borne out by the numbers.  Now production companies know they can make just as much money from streaming films as they can by releasing them physically.Take the new Borat film, for example. Amazon Prime paid $80m for the exclusive rights and tens of millions of viewers saw the comedy in the days after its debut. The pandemic has accelerated a lot of long-term trends and the shift from physical to digital film releases is one of them. When it comes to my best shares to buy now I also want to avoid companies with gargantuan debt. Cineworld has been significantly downgraded by ratings agencies, which means its £6.6bn debt pile will be very expensive to service. I can see this as a serious drag on profits for years to come. One of my best shares to buy nowIn terms of recovery stocks poised to benefit from the possibility of a market reset, I can think of few better options than Morgan Sindall (LSE:MGNS).At a forward price-to-earnings ratio of 9.8, the FTSE 250 construction and refurb company is cheap. But crucially, Morgan Sindall is expected to grow its earnings by a whopping 26% next year. This definitely adds weight to it being one of my best shares to buy now. I won’t buy very cheap shares just for the sake of it. What if the share price continues to fall because a company doesn’t make any revenue?I also look at the PEG ratio when I’m seeking the best shares to buy now.  This is a metric favoured by value investing legends like Peter Lynch, whose book One Up On Wall Street was a great inspiration. A PEG ratio of 0.5 suggests Morgan Sindall shares are undervalued. Dividends returnAnd in even better news out on 4 November, chief executive John Morgan reinstated Morgan Sindall’s interim 21p per share dividend. Morgan Sindall’s average daily cash position was much stronger at £150m+, said the CEO, ahead of expectations. MGNS remains one of my best shares to buy now because of its sensible cash retention too. The company now has 7.6 times dividend cover, which bodes well for long-term payouts.“All group activities are now fully operational again and delivering high levels of productivity,” he said, adding, “We welcome the Prime Minister’s clear statement that construction activity should continue through the new lockdown restrictions in England for November.” Full-year earnings are now expected to beat the top end of previous guidance. So it’s clear to me why this is one of my best shares to buy now. Image source: Getty Images 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” Tom Rodgers | Tuesday, 17th November, 2020 | More on: CINE MGNS Simply click below to discover how you can take advantage of this. See all posts by Tom Rodgers TomRodgers 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.center_img One of my best shares to buy now. And one I’d sell today! 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address 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’ Shareslast_img

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