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Having under performed Next, AB Foods looks expensive per se and also relative to Sugar free Next

By Robert Sutherland Smith | Monday 20 January 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


Back in November I looked at ABF Foods (ABF) and thought it overvalued – it has looked highly valued for some time. The price then was about 2208p. It is now 2,658p - last seen - up 20%. 



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