Tesco is one of the worlds largest supermarkets, a real play on consumer value. In January they announced a bad Christmas trading period and the shares fell from around 400p to 315p where they are today.
What the Market is Missing
Tesco is a very resilient and good brand with huge growth still ahead in China and India. They have a winning formula that works and has consistently rewarded shareholders. Some people worry about the large stores, but I think they work, I use one very week.
My View
I think that Tesco will report solid growth this year and the shares will return to 400p
What the Market is Missing
Tesco is a very resilient and good brand with huge growth still ahead in China and India. They have a winning formula that works and has consistently rewarded shareholders. Some people worry about the large stores, but I think they work, I use one very week.
My View
I think that Tesco will report solid growth this year and the shares will return to 400p
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