Brexit-proof UK shares! 6 FTSE 100 stocks I’d buy in my ISA for a no-deal exit

first_img The possibility that the UK will fall through the no-deal Brexit trapdoor at the end of the year grows daily. And by extension the profits outlook for many UK shares becomes increasingly concerning as we enter 2021.There’s just 35 days between now and when the transition period is due to end. Yet trade negotiators either side of the English Channel are still to strike an accord to avert an economic catastrophe. In recent days the EU chief negotiator has warned that “time is short” for a deal to be struck and that “fundamental divergences still remain.” It’s a theme that Barnier’s British counterparts continue to echo too.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…UK share buyers need to prepare for the worst and shape their investing strategy to reflect the risk of an economically-catastrophic no-deal Brexit. It doesn’t mean that people should stop investing in stock portfolios altogether, though. There are plenty of tactics UK share investors can adopt to protect their wealth and make big returns in the near term and beyond.Buying multinational UK sharesOne obvious play in this environment is to buy UK shares with significant geographic diversification. It stands to reason that those who generate either all or most of their profits from these shores are in most danger from a hard Brexit. Fortunately there are scores of UK shares on the FTSE 100 alone that, well, don’t.Stocks like this include Footsie-quoted plumbing and heating giant Ferguson. This UK share generates 97% of underlying trading profits from the US and a further 2% from Canada. The thin remainder is generated just from British customers. Life insurer Prudential, meanwhile, generates all its profits from Asia, Africa, and North America.I can also choose plenty of other FTSE 100 stocks if I want extra security through even-wider geographical diversification. UK shares like Reckitt Benckiser, Diageo, CRH, and Unilever operate across many continents.Pound pressuresAnother good strategy for UK share investors like me is to buy stocks that report in foreign currencies. This is because firms like this enjoy an extra profits bump when the pound drops. And sterling is likely to sink against other major currencies in 2021 if Britain follows through on a no-deal Brexit.The boffins at HSBC reckon that sterling will drop to around 1.10 against the US dollar in this event. They reckon it will drop to around parity versus the euro too. Similar numbers are doing the rounds in many City forecasts too.A great number of FTSE 100 companies publish their accounts in either the European common currency or the greenback. All of the companies I mentioned above, for example, report in currencies other than sterling. And these UK shares represent just the tip of the iceberg.These multinational UK shares show that stock investors don’t need to be down in the mouth about a no-deal Brexit. There are still ample ways to make big shareholder returns however the transition period ends. And the good news is a lot of top stocks trade at rock-bottom prices following the 2020 stock market crash. Royston Wild owns shares of Diageo, Prudential, and Unilever. The Motley Fool UK has recommended Diageo, HSBC Holdings, Prudential, and Unilever. 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. Royston Wild | Thursday, 26th November, 2020 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. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Brexit-proof UK shares! 6 FTSE 100 stocks I’d buy in my ISA for a no-deal exit Image source: Getty Images. Enter Your Email Address 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. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Royston Wildlast_img