2 high-potential UK shares I’d buy today

first_img Manika Premsingh | Monday, 14th June, 2021 | More on: WINE 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. Image source: Getty Images Enter Your Email Address 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 Get the full details on this £5 stock now – while your report is free. 2 high-potential UK shares I’d buy todaycenter_img Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK owns shares of Naked Wines. 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. See all posts by Manika Premsingh FREE REPORT: Why this £5 stock could be set to surge This is the season of improved corporate performance. Comparisons with a weak period last year and the reopening of society have helped this trend. And some sectors have seen genuine demand increases over the past year too. Two UK shares to benefit from these trends are wine company Naked Wines (LSE: WINE) and chip-maker Alphawave (LSE: AWE).Naked Wines: strong sales growthNaked Wines reported a 68% increase in sales for the year ending March 29. As more people made online purchases, the company, which funds wine producers and sells online, gained. I would be concerned about its net loss in other circumstances. But it explained that it was due to a big rise in investment in new customers. Also, its profits from repeat customers have strengthened significantly. 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…It is also positive on its outlook. In fact, it is one of the few companies I have covered recently to have provided concrete guidance in an uncertain year. This reflects its confidence to me. I think improved numbers will be supported by economic growth. Naked Wines is focused on the US market, which contributes to around half its revenues. The US economy is going strong and that is likely to continue.The one risk I see is that as consumers step out more to wine and dine, there could be a slowdown in demand for online orders. But since overall consumer demand should rise, that issue may have little impact. I think the risk is limited. Alphawave IP: future positiveAlphawave IP is another company to release a positive update. The chip-maker provides high-speed connectivity solutions to data centres. These are for 5G wireless infrastructure and autonomous vehicles, among other uses. It reported “record results” regarding the number of bookings earlier today. For the first half of 2021, the Canadian company booked orders of $190m. This included both new wins and business with existing customers. The company, which was listed on the London Stock Exchange’s main market only a month ago, saw explosive growth in 2020. From the numbers for 2021 so far, it looks like this year will also be a good one for the company. Alphawave IP’s share price is up over 2% in today’s trading on the news, indicating renewed investor interest in the stock.In the days following its weak initial public offering (IPO) in the UK last month, its share price fell and remained relatively muted. However, today’s news could mark a break in that trend. But it remains to be seen what happens next. Even with the gains made so far today, its share price is still below the 380p levels seen shortly after it was publicly listed.My takeaway for the UK sharesOn the whole, both UK shares look good to me. There are of course downsides to keep in mind. But I think both are growing companies that could prove to be lucrative investments over the next few years for me.  Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Simply click below to discover how you can take advantage of this.last_img read more