Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tesco (TSCO) shares are little changed today and progress or not over the next few weeks will be highly dependent on the infamous Christmas trading update of early January. I have no great tactical insights on this but I am hopeful it will be part of the strategic improvement and opportunity in the stock I noted a couple of months or so ago HERE. Certainly the share has shown a bit of form recently and this has been driven by improving sales metrics, hopes for the generation of enhanced margin and cashflows, lower debt...and the potential from the Booker (BOK) takeover. It is the latter which is in the news today.
Already registered? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen