Latest Views & News

AB Foods at 2649p after the 12% fall from the July peak of 3156p, buy sell or hold?

By Robert Sutherland Smith | Friday 19 September 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 January I was enticed into making a value call on AB Foods(ABF) versus Next (NXT), coming to the conclusion  that Next, which does not have a sugar business, looked the better value on what  looked like a less excitable more restrained valuation. I now note that the gap between AB and Next has narrowed to about the narrowest it has been for a year.  

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments