Simply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free. FREE REPORT: Why this £5 stock could be set to surge 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. Image source: Getty Images. 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. 3 cheap UK stocks I’d buy for recovery and growth potential Our 6 ‘Best Buys Now’ Shares Noises from the across the pond augur well for the general stock market, I reckon.Incoming American Treasury Secretary Janet Yellen recently expressed her desire for the US to “act big” in an effort to help its economy recover from the pandemic.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…There could be more stimulus aheadYellen used to be head of the US Federal Reserve central bank, and some reckon her comments could lead to more stimulus for the US economy.And it’s usually good for listed stocks when governments try to help their economy like that, at least in the short term. So, we could see some more support for US shares down the road. And a strong US stock market is often good for the UK market. It’s hard to deny the London stock market indices tend to take their cues from the American market.But other factors are working for shares as well. The UK’s impressive rollout of vaccines suggests the potential for economic recovery, perhaps within months. And some analysts have expressed their view that value stocks could be set to resurge through 2021. Often, such shares can also be categorised as fallen cyclicals, but not always.My own view is bullish for 2021 and beyond. I’m seeing good value in many defensive-style stocks as well as those closer to the cyclical end of the scale. And with that in mind, I’m searching for decent companies that don’t look too expensive right now. They make my list for further research if they also have the potential for their businesses to recover and grow in the years ahead.3 cheap UK stocks I’m considering nowFTSE 100 housebuilder Persimmon has a forward-looking dividend yield of around 8.6% for 2021. And with the share price near 2,733p, the stock continues to assign the underlying business a modest-looking valuation. And that’s despite the price rising a fair bit from the lows of last spring. On 13 January, the company reported “robust” trading and the outlook is positive.Meanwhile, the share price of smoking products manufacturer British American Tobacco has been weak for some time. But the underlying business remains in rude health. With the stock at 2,747p, the forward-looking dividend yield for 2021 is around 8%.Trading has remained robust through the Covid-19 crisis and the company is working hard to build up sales of its alternative non-combustible products for smokers. The chief executive said in an update in December that he’s “confident” about the future of the company.And with its share price near 127p, telecoms company Vodafone has a forward-looking dividend yield near 6.4% for the trading year to March 2022. The company delivered a workmanlike half-year results report last November. And the directors declared they are focusing on strategic priorities “at pace” to reshape the business. Chief executive Nick Read said the steady results made him “confident” about the full-year outlook.I think all three of these businesses have the potential to improve as 2021 unfolds and to thrive in the years after. Meanwhile, there’s a decent dividend to collect in each case. Enter Your Email Address Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Kevin Godbold | Thursday, 21st January, 2021 See all posts by Kevin Godbold 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.