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. Kevin Godbold | Tuesday, 8th June, 2021 | More on: VP I’d also consider this one: Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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Enter Your Email Address Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! The high-calibre small-cap stock flying under the City’s radar It’s been a couple of years since I last covered equipment rental company and small-cap stock VP (LSE: VP). Back then, I decided not to buy the stock because of concerns about the company’s high level of borrowings. However, I’d buy shares in VP now.Why I’d buy this small-cap stock nowToday’s full-year results report sets out strong progress with debt reduction. The company used incoming cash flow in the period to pay off a big chunk of its borrowings. And on 31 March, net debt had fallen by around 24% compared to a year earlier, to just under £122m.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…That’s still a thumping pile of other people’s money, but I reckon VP will continue to work at paying it down. However, one of the risks with the stock is the underlying cyclicality of operations. If there’s another general economic downturn, big borrowings could become a problem. That’s why I like to see cyclical firms getting into a strong financial position when trading is booming. And, right now, the outlook for the business is bullish.If VP keeps paying off debt year after year until it’s gone, it can then direct its cash flow straight to reinvesting in equipment. When, and if, that happens, the business will probably be in great shape. And the good news is the financial record shows an improving trend now.There’s also been a conclusion to the Competition and Markets Authority’s long-running investigation. The bottom line is VP must pay a penalty of £11.2m after a breach of competition law involving three “major” suppliers of groundworks hire equipment.VP reckons it “fundamentally” disagrees with the CMA’s conclusions but the directors have decided not to fight the findings. In that way, the company and its shareholders will be spared further costs and uncertainty. I reckon that’s a good decision because the process has been dragging on for around four years.Trading well and a positive outlookThe business is trading well. And looking ahead, the directors reckon the market backdrop for VP is “positive”. Major infrastructure sectors, such as water, rail and transmission are “primed for escalating growth in the coming year.” I think the recovery we’ve been seeing in the building and construction sectors is encouraging. And there’s a potential tailwind for VP from the government’s drive to “build back better” following the pandemic. It’s hard for me to imagine anything other than booming demand for rental equipment in the years ahead. Although I could be wrong in that assessment and lose money with VP’s shares.Nevertheless, chief executive Neil Stothard said in today’s report the management team is “excited” about the prospects for the business in the coming year. And I’d embrace the cyclical and other risks and buy the small-cap stock now as part of a diversified portfolio.With the share price near 865p, the forward-looking earnings multiple is around 13 for the current trading year to March 2022. And the anticipated dividend yield is about 3.7%. I reckon that valuation looks undemanding. Image source: Getty Images. A small-cap stock to buy now See all posts by Kevin Godbold Simply click below to discover how you can take advantage of this. 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.