The best 10 small and medium shares to buy for a multi-year bull market post-coronavirus

<p>Cake Box is a Liberum favourite</p> (Cake box)

Cake Box is a Liberum favourite

(Cake box)

Brokers are increasingly predicting the coronavirus vaccine news last month will herald a strong gain in share prices for a long time, but Liberum today upped the ante, calling it the dawn of a “multi-year bull markets.”

It particularly claims small and medium sized UK stocks will benefit, rather than the giant of the FTSE 100.

Here are its top 10 picks, and why it likes them.

Cake Box: The cake maker and franchised retailer grew robustly despite Covid and has seen strong increases interest from potential new franchisees. Home delivery launch holds huge potential.

Civitas Social Housing: accommodation for the poor and vulnerable is supported by all political parties. Will benefit from acquisitions and is backed by robust leases from care providers

FW Thorpe: Industrials group had record revenues through 2020 despite Covid and turned a profit even in the worst months, underlining its status as a quality player

Genus: livestock breeding technology group has big potential for growth in Chinese pork market. Gene editing technology will boost its future earnings.

Luceco: lighting designer has raised its profit forecasts for 2020 four times in four months. Acquisitions and continued improving performance will command a re-rating of the shares

GoCo: a tip that has already paid off, having seen the Go Compare group receive a takeover offer from publishing group Future

Plus 500: Trading platform is “best in class”, leading Liberum to predict record profit this year, even higher than in the previous peaks triggered by cryptocurrency trading.

Segro: Warehouse owner will benefit from online shopping’s needs for storage space near major conurbations. Nearly half of Segro’s are in fast-growing London and South East

Spirent Communications: enjoying spikes in data traffic leading to increased demand for its services from mobile operators and network equipment makers for its testing kit.

STMicroelectronics: semiconductor business will enjoy robust demand in smartphones after the iPhone 12 saw stronger than expected uptake

Sylvania Platinum: after shutdowns of its mines during Covid, Sylvania has bounced back and should benefit from underlying strength in prices and weakening South African rand.