5 Best UK Stocks to Buy Now

3. Glencore plc (LSE: GLEN.L)

Glencore plc (LSE: GLEN.L) is a trading and mining company. It is ranked third on our list of 10 best UK stocks to buy now and was founded in 1974. The firm has a market cap of $53 billion and posted more than $140 billion in revenue in 2020. It has mining interests in several resource rich nations around the world like Canada, Australia, Norway, and the Democratic Republic of Congo. The firm mines and sells several precious metals in addition to exploring oil and gas deposits. 

Glencore plc (LSE: GLEN.L) has seen share price soar since the start of 2021 as the demand for copper and battery metals increases in the post pandemic economy. Due to the increased demand, US-based Carpenter Technology Corporation (NYSE: CRS) has also gained in value in tandem with Glencore. Out of the hedge funds being tracked by Insider Monkey, Fisher Asset Management is a leading shareholder in Carpenter Technology Corporation (NYSE: CRS) with shares worth $14 million.