Latest Views & News

Primark Primed to Peak Again as its Owner Associated British Foods Beats the Virus on Grocery Sales

By Malcolm Stacey | Wednesday 8 July 2020


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.


Hello, Share Seekers. This humble commentator has oft recommended that you should consider Associated British Foods (ABF). Not just because of the grocery side, but mainly because of the amazing attraction to shoppers of its Primark arm. Of course, this enthusiasm was knocked off course by the virus closing down Primark stores but now they’re open again and there seems to be an unseemly rush of buyers eager to make up for lost time...

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

|