first_img 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. Simply click below to discover how you can take advantage of this. 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Peter Stephens | Friday, 16th October, 2020 3 simple steps I’d take to find top income stocks to buy in October 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Finding the best income stocks to buy today may prove to be a difficult task. The uncertain economic outlook and weak investor sentiment towards many sectors could mean that the short-term prospects for many dividend shares are somewhat challenging.However, focusing on defensive stocks that have affordable shareholder payouts could be a good place to start. They may offer a resilient income stream. And that could grow at an above-inflation rate in the long run. This could provide you with a generous passive income, as well as a growing portfolio valuation.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…Defensive stocksThe uncertain economic outlook means that defensive shares could prove to be relatively attractive income stocks. How so? Well, they may be less affected by factors such as weak GDP growth and higher unemployment than many of their index peers. This may enable them to deliver more resilient financial performances that mean less chance of a dividend cut.Of course, defensive stocks are not without risk. For example, utility companies may have robust business models that are not closely correlated to the economic outlook. But they may face challenges (such as regulatory changes) that lead to an evolving dividend outlook. Therefore, it is important to ensure that the yield obtained from any stock is sufficiently high given its risk profile and long-term prospects.Income stocks with affordable dividendsThe future prospects for all income stocks are arguably less certain now than they have been for a number of years. Therefore, it is logical for investors to demand a margin of safety so that there is less chance of dividends being reduced.For example, you may wish to only purchase those stocks that have dividends covered generously by net profit. This means that if sales and profitability fall in the coming months, there is a higher chance that they will be able to afford their dividend payouts. Furthermore, there may be a greater prospect of dividend growth that outperforms inflation in the coming years.Checking the dividend cover of any income stocks is straightforward. Just divide its earnings per share by dividends per share. Any figure above one means its profit is covered by its dividends. However, in the current climate, investors may wish to demand a higher figure to compensate them for elevated risks.Long-term growth potentialWhile the prospect of dividend growth may not be on the radar for many income stocks, it could make a significant difference to your overall returns. Those businesses that can grow dividends at a fast pace may not only provide a higher income for investors. Their shares could become increasingly popular in a period of low interest rates. This may produce capital gains that improve your financial prospects.Therefore, focusing on companies with sound growth strategies that can adapt to changing economic conditions could be a sound move. It could improve your portfolio’s performance in the coming years. Enter Your Email Address See all posts by Peter Stephenslast_img read more