Marks and Sparks Could Face a Bright New Year with Pensioner Spending Power Not as Grim as it Seems
By Malcolm Stacey | Wednesday 11 January 2023
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.
Hello Share Chewers. Many years ago now Marks & Spencer (MKS) was an alluring share. Decent dividends and a steadily rising price graph. I sold my holding when the shares attained about 340p. Good job I did because nowadays the company’s shares have struggled for years and are currently at only 141p. But a few happy recent trips to M&S move me to consider buying back in.
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