By Chris Bailey | Thursday 15 October 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.
As investors, we are told to embrace structural shifts and regime changes because if you are early spotting something, then let the good times roll in terms of share price valuation and associated portfolio prowess. In this most strange of years, we clearly have had five years of e-commerce shifts (as the comedy rent collection numbers from Hammerson (HMSO) for the last few quarters show). So for two businesses that are currently c. 95% and 100% online sales-centred, everything should be great, right? Well if you look at the share price movements of Domino’s Pizza (DOM) and AO World (AO.) today, you would be excused for asking what on earth was going on, with shares in the former down over 10% and shares in the latter up over 10%, supplementing a massive year-to-date performance (particularly focused in the last five months). Let’s start with Domino’s…
Already a subscriber? 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
