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.
I am not a regular shopper at Tesco (TSCO), primarily because I live much closer to a very nice J Sainsbury (SBRY) store which suits the family very well. I have always hugely rated Tesco as a business though and have made decent money on the shares, especially when “Tesco Dave” turned it positively around a few years back. The volatility in September/October last year provided a great opportunity to reload at a sub two quid share price and a couple of months ago I observed that “if you are a pension fund investor…keep on holding its shares”. And, despite them currently remaining in the 260-270p range, owning Tesco shares remains so much more attractive than boring old government bonds following a trading update today.
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