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Why I made Tesco the largest holding in my pension fund this morning

By Chris Bailey | Friday 29 August 2014


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.


Last business day of the month.  Last day of a departing CEO’s corporate reign.  Last chance to ‘kitchen sink’ the corporate earnings guidance numbers in the UK’s largest food retailer? A share price back to the level of a decade ago and a 75% cut in the interim dividend does not make pretty headlines.

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