I must admit that I am slightly surprised that Rightmove (RMV) shares are slightly up year-to-date and I wrote just over four months ago that "you may still love its website, but life is getting tougher for Rightmove plc". Can none of us get enough property market hype, naively thinking that every fall is an opportunity to buy?
Back in early September, I wrote about Halfords (HFD) that "compared to today’s c.190p share price, wake me up when the stock is back north of the 250p level….Buy". That was looking quite smart a week ago when the shares were lurking close to the 235p share price level, but is not looking so smart this morning with the shares falling back below 190p. What is going on in the world of "the UK's leading provider of cycling, motoring services, vehicle servicing and repairs”?
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