10 Best Shares To Buy In The UK In 2023

Last Updated February 5th 2023
15 Min Read

In this investing guide, we will be introducing you to what we consider the best shares to buy in the UK in 2023. These have proven their resilience, implying that they have survived and rebounded quickly after major economic downturns. They also have hugely promising futures, and we expect them to grow their current value by significant margins throughout 2023.

We will also tell you about some of the factors that you ought to consider when looking for the best stock to buy or trade right now. And if you wish to jump straight to buying or trading stocks, we will introduce you to some of the best share investing brokerages in the UK in 2023.

Read on.

The 10 Top Shares To Buy Now In The UK According To Analysts

Here is an outline of what our analysts and the larger share trading/investing community consider the best shares to buy in the UK in 2023.

  • Berkshire Hathaway (BRK.B)  —  Overall Best Growth Stock To Buy In The UK In 2023 
  • BP (BP)  —  Top Oil And Gas Company That Pays Dividends Regularly
  • Glencore (GLEN)  —  Invest In The World's Largest Commodities Trading And Mining Company
  • British American Tobacco (BATS)  —  Largest Tobacco Company Based On Net Sales
  • Rio Tinto (RIO)  —  Huge Mining Company With Solid Financials
  • Apple (AAPL)  —  One Of The Most Liquid Shares To Buy In 2023
  • Standard Chartered (STAN)  —  Strong Banking Services Provider With A Promising Future
  • Exxon Mobil Corporation (XOM)  —  Energy Giant That Pays Dividends Quarterly
  • AstraZeneca plc (AZN)  —  Invest In A Fast-Growing Pharmaceutical And Biotechnology Company
  • iSHARES Core FTSE 100 UCITS ETF (ISF)  —  Best UK ETF To Buy In 2023

 

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Below, we discuss these shares in detail. We tell you why they are worth buying in 2023, how they performed in the past, how the industries in which they belong have performed, how they are faring during the current market turmoil, and how they are expected to perform going forward.

The Best Shares To Buy Now In The UK Reviewed

When coming up with a list of the best stocks to buy in the UK for 2023, we considered such factors as the company's resilience and projected future growth. We also examined the volatility of the share price, the strength of their balance sheet, and the regularity with which the company pays dividends.

We ultimately settled on the following 10 top shares to buy now in the UK:

1. Berkshire Hathaway (BRK.A) – Overall Best Growth Stock to Buy in the UK in 2023

Berkshire Hathaway is a wildly popular company in the share investing circles – both because of its top management and price performance. For starters, it is run by two of the most successful share investors of all time – Warren Buffet and Charlie Munger. The multinational conglomerate's portfolio then contains up to 60 businesses and a $300 Billion investment in different companies – especially tech and consumer goods companies.

Berkshire Hathaway has consistently been ranked among the best shares to buy in the UK because of its uptrending profitability, consistent dividend payouts, and resilience. The 180-year-old company has, for example, proved its resilience by surviving some of the most devastating economic downturns in history.

Most recently, it weathered the Covid-19 pandemic-induced economic crisis that had seen its class A shares shed close to 30% of their late 2019 peak prices by mid-2020. Today, these shares are trading 190% above the May 2020 dip, with 12% of this gain having been recorded in the last 12 months.

Moving forward, Berkshire Hathaway shares are expected to sustain their current upward trajectory. We expect it to survive the ongoing global economic crisis and continue growing its share value throughout 2023. This makes it an excellent investment for long-term share investors and passive investors, while its mildly volatile share price action makes it perfect for short-term trading.

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2. BP (BP) – Top Oil and Gas Company That Pays Dividends Regularly

BP plc is one of the most popular integrated oil and gas companies. Established in 1909 and headquartered in London, BP has - over time - extended operations to 100+ countries across the world. Several factors informed our decision to include it in our basket of the best shares to buy in the UK in 2023.

First, the company has posted exemplary value gains since, resulting in a multi-decade overall share price uptrend. At the time of writing, BP is well on its way to recovery after losing two-thirds of its peak prices ($600 in December 2018) in the last quarter of 2020. At the time of writing, BP shares have rallied by more than 250% since - with as much as 55% of this having been gained over the last 12 months.

It also makes it here because of its resilience, which helped it survive several devastating economic crises. Moving forward, a host of factors - chief among them being resilience and oil industry activities like reduced oil production - are expected to keep BP share prices on an uptrend.

These make the energy stock massively attractive to long-term investors. The fact that it pays regular dividends, which outperforms some of the most popular indices, makes it attractive to individuals looking for a regular passive income source. Its liquidity and wild short-term price action, on the other hand, make it appealing to active traders.

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3. Glencore (GLEN) – Invest in the World's Largest Commodities Trading and Mining Company

Glencore is a multinational mining corporation and the world's largest commodities trader. Although it is involved in oil and gas mining, it has invested heavily in metals and commodities involved in the generation of green energy. And this has created a lot of optimism around its future and that of its share price. Together with GLEN shares' incredible past price action, this optimism about Glencore's future is the primary reason why we consider the commodity trader one of the best shares to buy in the UK in 2023.

We also feature it here because it has proved its resilience. At the height of the covid-19 pandemic, for instance, GLEN shares shed as much as 90% of their 2011 peak prices. At the time of writing, however, Glencore shares have rallied by as much as 450% to recapture these peak prices, with 50%+ of this growth being recorded in the last 12 months. This has GLEN investors and the market convinced that the company will survive the ongoing global economic crisis.

The company typically pays dividends twice annually. This, coupled with its uptrending share values, make it appealing to long-term investors and anyone looking for a regular income source.

We must also mention that throughout the year, Glencore has made several key financial decisions aimed at helping it survive the looming economic recession. Most significantly, it reduced its net debt exposure by more than 62%, which reduces the impact further inflation and interest rates would have on its top line.

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4. British American Tobacco (BATS) – Largest Tobacco Company Based on Net Sales

British American Tobacco (BATS) is a century-old cigarette and nicotine-based products manufacturer. It is the third largest Tobacco company in the world by market cap (currently £74 Billion) and largest by net sales. It makes it to our list of the best shares to buy in the UK in 2023 because of its resilience, excellent past performance, and innovativeness.

Its resilience is evidenced by the fact that it has not only survived several global economic downturns. It has also survived some of the worst criticism against the tobacco industry – including anti-tobacco legislation in multiple countries around the world.

Today, the company is still recovering from the January 2019 dip that saw the BATS share price lose 50% of its Mid-2017 peak prices. And even in the face of the ongoing economic crisis and looming recession, its shares have appreciated by more than 30% in the last 12 months.

We also add BATS to our index of best shares to buy now in the UK because of its promising future. The brand seeks to insure its future by exploring new markets, a move that has helped move it toward the vaping market. It, for starters, already owns the massively popular Vuse e-cigarettes. And these, as well as its regular dividend payouts, make BATS shares attractive to long-term investors.

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5. Rio Tinto (RIO) – Huge Mining Company with Solid Financials

Rio Tinto adds to our list of century-old companies that have been consistently ranked among the best shares to buy in the UK. It is the third largest mining company in the world and a commodity trading company, behind Glencore and BHP Group.

Like Glencore, it specializes in oil and energy, but it has also been involved with metals and commodities like Copper and Lithium that are expected to drive the green energy movement. This has had a significant positive impact on its price action over the past few years.

But the promising future isn't the only reason why Rio Tinto consistently ranks highly among the most popular stocks to buy in the UK. It also makes it here because of its solid financials and attractive yields. RIO's share price has, for example, maintained a spirited overall uptrend in the last five years – gaining close to 50% (with 10% of this having been realized in the last 12 months). The company also pays dividends consistently at a rate higher than the average FTSE index.

All these have made Rio Tinto massively attractive to long-term growth investors. The wild RIO shares price action has also made it attractive to short-term traders. And it can be traded and or bought on multiple online share brokerage companies.

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6. Apple (AAPL) – One of the Most Liquid Shares to Buy in 2023

With a $2.36 Trillion market cap, Apple is the most valuable company in the world. Established in 1976, the American technology giant has posted consistent value gains for its shares – embarking on its most aggressive growth yet to rally by more than 450% between December 2018 and December 2021. And even though this rally peaked with AAPL share prices declining in the year to date, there is a lot of optimism that it will rebound and resume that uptrend.

The company's future growth will be driven by the expected launch of even more popular and technologically advanced smartphones and apple products. The brand is also looking to tap into new revenue fronts, including the recently launched Apple TV+, iCloud, and AppleCare.

We feature it among the best stocks to buy in the UK in 2023 because it has been on a sustained overall uptrend for more than three decades. But even more importantly, both its technical and fundamental indicators show that AAPL's market cap and share price are expected to continue growing in the foreseeable future.

We also feature it here because both its share value gain and its quarterly dividend payouts have consistently outperformed the industry average as well as the S&P 500. The value gain, therefore, makes it an attractive investment to long-term investors. The regular dividends, on the other hand, make it attractive to anyone looking for regular passive income, while its volatile price action and massive liquidity make it attractive to day traders.

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7. Standard Chartered (STAN) – Strong Banking Services Provider with a Promising Future

Standard Chartered is a British financial multinational and one of the most popular financial institutions in the world. It also adds to the basket of century-old businesses dominating our list of the best shares to buy in the UK in 2023. And some of the factors that make it a top choice for the majority of crypto investors include its solid reputation, a history of stellar share price performance, unshaken resilience, and a massively promising future.

STAN's excellent price action is evidenced by the fact that it has maintained an overall uptrending price action since its listing. Its resilience, on the other hand, is evidenced by the fact that even after losing close to 60% of its peak 2017 share price during the 2008 financial crisis, STAN was quick to rebound, and in 2010, it set its current all-time high of £1800.

Today, the STAN share trades more than 68% below this ATH. But it is well on its path to recovery and even grew by more than 42% in the last 12 months. This, and its promising future, make today the best time to buy Standard Chartered shares for anyone looking to ride its recovery wave.

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8. Exxon Mobil Corporation (XOM) – Energy Giant that Pays Dividends Quarterly

Exxon Mobil Corporation is the best share to buy in the UK in 2023 for investors looking for a regular flow of passive income, thanks to an average annual dividend yield of 3.49% that’s meaningfully better the broader market.

In addition to the high yields, we rank Exxon Mobil Corporation among the best shares to buy in the UK in 2023 because it has taken significant steps toward insuring its future. For starters, it seeks to participate in the reduction of greenhouse gases through the Carbon Capture and Sequestration (CSS) program.

Further, a few industry-wide factors have helped guarantee its sustainability. These include the scale back of oil production by OPEC countries by as much as 2 million barrels per day. Secondly, the ongoing Ukraine-Russia conflict is expected to have a lasting impact on the oil industry.

These are expected to increase oil prices which pushes up Exxon Mobil revenues as well as the XOM share price.

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9. AstraZeneca plc (AZN) – Invest in a Fast-Growing Pharmaceutical and Biotechnology Company

AstraZeneca share prices continue printing higher highs even in the midst of the ongoing global economic turmoil. The most recent came about in August 2022 when AZN share prices tore above £11,400. This represents a 250% gain over the last five years.

Much of these gains are attributable to AstraZeneca's newfound popularity and prowess as one of the covid-19 vaccine manufacturers. It continues providing updated vaccine boosters and updates for the different Covid-19 variants. These currently form its biggest revenue sources - a trend that's expected to continue in the foreseeable future.

This has created a lot of optimism about AstraZeneca's future price action. The majority of analysts and investors currently consider it a must-have, which partly informs our decision to feature it in our list of the best shares to buy in the UK in 2023. This optimism has also made AZN massively popular among long-term investors, while its deep liquidity and wild short-term price action make it appealing to active traders.

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10. iSHARES Core FTSE 100 UCITS ETF (ISF) – Best UK ETF to Buy in 2023

The iShares ISF is not a share. Rather it is an ETF that tracks the performance of the top 100 shares listed with the LSE – the FTSE 100 index. Several factors inform our decision to feature it in our list of the best shares to buy in the UK in 2023.

First is its impressive multi-decade price performance seeing that it has posted an average annual return of 7.75% since its inception in January 1984. This is a testament to its resilience and makes it appealing to both passive and beginner investors. The sustained multi-decade gains, coupled with its massively promising future - on the other hand - make it massively appealing to long-term investors.

The fact that it tacks a broad range of shares also makes it appealing to investors seeking a diversified portfolio. And like most of the shares listed above, you can buy and trade the iShares ETF on virtually all the most popular share online brokerages.

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What To Look For When Finding The Best Shares To Buy Now In The UK

When share trading in the US, you will be exposed to thousands of highly profitable and seemingly sustainable shares. But finding the best shares to buy now in the UK requires that you look beyond the balance sheet and the company's attractive share price action.

Here are a few factors to consider when vetting the best shares to buy in 2023:

  • Industry of operation: Check the performance of the industry in which the company operates. Only buy shares of companies operating in high-growth industries.
  • Company financials: Examine the company's financial health. In addition to having posted an attractive price action, it should also have a healthy balance sheet with an equally healthy asset-to-liability portfolio.
  • Company outlook: It is also important that you only invest in high-growth companies. These companies are massively resilient and have a provably sustainable future.
  • Investing goals: Your choice of a share should also be informed by such factors as your risk tolerance and investing goal.

Where To Buy The Best Shares In The UK In 2023?

You now understand what the most popular stocks in the UK are. But where can you buy them?

Here are the top online brokerages that list a majority of the above discussed and thousands more local and international shares:

  • eToro - Best Stock Investing App for Beginners

eToro is a multi-regulated, multi-asset trading platform that lets you buy actual shares and trade share CFDs. It charges a 0% commission for share investing and competitive spreads for share CFDs.

You only need $10 to activate a user account with the brokerage firm. You will also have access to both social and copy trading tools that let you interact with others and earn from share investing passively.

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  • Capital.com - Best Stock Trading App for Innovativeness

Capital.com is a massively popular share trading platform thanks to its highly innovative trading platform. It is especially popular because of its ultra-fast transaction processing speeds and the fact that it integrates artificial intelligence into its trading platform. Unlike eToro, however, Capital.com is a pure CFD trading platform, implying that you cannot buy actual shares on the platform. You can only trade share CFDs.

It nevertheless gives you access to thousands of shares - both local and international. They all can be margin traded with leverages of up to 5X for retail traders, and the brokerage doesn't charge any commission. It, too, runs a highly intuitive user interface, integrates some of the most advanced analysis and trading tools, and only requires $20 to activate a user account.

Conclusion - Best Shares To Buy In The UK 2023

There goes everything you need to know about the best shares to buy in the UK in 2023. Here, we have introduced you to what our analysts and a growing majority of share investors believe to be the most popular shares to buy in the UK and hold over the next few months. They all have registered exemplary past price performance, are resilient, are easily accessible, and have a promising future. 

We have highlighted some key factors that every share investor - especially long-term investors - ought to consider when looking for the best shares to invest in. We must emphasize that you ought to look beyond the attractive share price action and into its resilience and happenings within the industry in which it operates.

Want to jump straight to buying shares in the UK? Register an investor account with a regulated broker - like eToro or Capital.com - deposit funds, and start buying/trading the shares we have listed hereinabove and more.

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FAQs About Top Shares To Buy In The UK In 2023

What is the best share to buy now in the UK?

Berkshire Hathaway is arguably the best share to buy now in the UK and hold onto well past 2023. But we have also discussed nine other stocks to watch and buy now, including Apple, BP, Glencore, Rio Tinto, Standard Chartered, Exxon Mobil, AstraZeneca, British American Tobacco, and the iShares ISF ETF.

Can I make money investing in UK shares today?

Yes, you can make money buying and selling shares. To get started, you only need quality trading skills, enough capital, and access to premium trading and risk management tools.

How much do I need to start buying the best shares in the UK?

How much you need to start investing in shares UK depends on your choice of broker. Brokerages that support fractional share ownership, like eToro, will let you buy shares with as little as $10, while the rest will require you to raise the full amount - equal to the value of your preferred share.

What factors should I consider when finding the best shares to buy now in the UK?

Consider such factors as the company's resilience, past share price action, and future outlook of both the company and the industry in which it operates. You may also want to vet such personal factors as your familiarity with the company/industry, investing goals, and risk tolerance.

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