2 cheap UK shares I’d buy in my Stocks and Shares ISA for the new bull market

first_img Royston Wild 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. 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 Could 2020 be finishing with a flourish? In a year that’s truly been one to forget it’s hoped that UK share investors could finally have something to celebrate.News that Pfizer has possibly created a magic bullet to deal with Covid-19 sent global stock markets into a frenzy. The FTSE 100 soared 7% between Monday to Friday and struck five-month peaks around 6,400 points in the process. It’s early days but it’s hoped the vaccine data represents the first chink of light in the fight against the pandemic and a robust rebound for the global economy.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…A top UK share for the bull marketWe could well be on the cusp of a new bull market. Or we may not be there just yet. But history shows us that the bull market will come, and that Stocks and Shares ISA investors like me can make a lot of money in the process. There are hundreds and hundreds of top-quality UK shares that could surge in value in the months and years ahead.TBC Bank Group is one top stock I’m thinking of adding to my Stocks and Shares ISA today. I think its low valuations provide additional scope for its share prices to surge in the near future. Right now the FTSE 250 share trades on a forward price-to-earnings (P/E) multiple of just 5 times for 2021.TBC Bank is a great way to play the bright emerging markets of Eurasia. The International Monetary Fund expects the UK share’s home territory of Georgia to enjoy handsome GDP growth of 5.25% over the medium term. It says that “infrastructure spending and sustained structural reforms to increase productivity and enhance private sector-led growth” will drive growth. TBC Bank stands to make massive profits in the process. What’s more, ongoing reforms of the country’s banking system are lessening the risks to the bank’s bottom line in the future.Low P/E ratios AND big dividendsI reckon WPP (LSE: WPP) also offers particularly brilliant value for money right now. This UK share trades on a rock-bottom earnings multiple and it offer up gigantic dividend yields too. I think it could be one of the earliest beneficiaries of the inevitable economic upturn.Marketing budgets are one of the first things to recover when economic conditions improve. Advertisers don’t want to be late to capitalise on any improvement in consumer spending patterns and so splash the cash more liberally than usual. Broadcasting giant ITV saw advertising trends pick up in the third quarter, and it said this week that it expects spending to actually be higher year on year in the final three months of 2020.This naturally bodes well for FTSE 100 ad giant WPP, whose vast geographical wingspan and rising expertise in the fast-growing digital segment will allow it to capitalise on these improving trends to their fullest. Today WPP trades on a forward P/E ratio of 11 times for next year. It boasts a chunky 4.3% dividend yield as well. It’s a brilliant value buy in my book. Simply click below to discover how you can take advantage of this. 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. See all posts by Royston Wild 2 cheap UK shares I’d buy in my Stocks and Shares ISA for the new bull marketcenter_img 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. Our 6 ‘Best Buys Now’ Shares 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” Image source: Getty Images Royston Wild | Saturday, 14th November, 2020 | More on: WPP last_img