September’s proved to be a washout for many UK share prices. The FTSE 100 has fallen 1% in the month to date as concerns over a Chinese property market crash and rising inflation have grown. British stocks could struggle for momentum as 2021 draws to a close, too, should worries over rising Covid-19 rates, the Chinese economy, and earlier-than-expected central bank tightening worsen.
That doesn’t mean I’ll stop shopping for UK shares, however. As someone who invests for the long term, the possibility of temporary share price weakness doesn’t put me off. I think there are too many magnificently cheap stocks out there to miss following the September sell-off.
Here are what I consider to be two of the best cheap stocks to buy for my portfolio right now.
A cheap UK stock for the pets boom
Pet ownership in the UK has gone through the roof due to Covid-19 … Read more