Running with the bulls – Tesco Turnaround!

Why I am considering Tescos to be a Bullish Stock

Heck if Crispin Odey buys it, it must be doing something right!

For all who do not know the difference between a bullish and a bearish move,  A bullish stock is one that will rise and fall periodically, but every time the value peaks, it will be higher than the previous peak. 

“investors who do best in bull markets get in early when there are plenty of growth opportunities”

Why I am considering Tescos to be a Bullish Stock

That is what I believe Tescos to be. A growth opportunity. Lets look at Tesco’s against the FTSE since the turn on the year 

Screen Shot 2016-01-29 at 12.29.02.png

15.5% Difference- Yes FTSE has endured a tough start to the year, every stock has felt the blunt reality of a poor market, yet Tescos has picked itself off the ground, dusted itself off and thrown a spanner into the works again in the supermarket sector. People wrote them off for 5 years- If you don’t believe me enjoy ( Article 1, Article 2)

Is the sky the limit with Tescos?

No its not. Honestly speaking, its still very very very early in the turn around in Tescos, but its still going in the right direction. Im not predicting a price of 300 anytime soon, but breaking into the 200’s is a very plausible happening by Q2. 

My advice, throw some money into the pot with Tescos and run with the bulls…

The Young Investor

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About andrepartridge

andrepartridge@googlemail.com
This entry was posted in Blog, Business, Comedy, Finance, Life, Money, Shares, Stocks, Uncategorized, Weath and tagged , , , , , , , , , . Bookmark the permalink.

One Response to Running with the bulls – Tesco Turnaround!

  1. Pingback: The Tesco Turnaround – A Milestone – Memoirs of an Investor

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