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Halfords shares are still set to continue motoring along

By Chris Bailey of Financial Orbit | Saturday 22 April 2023

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.

A few weeks into 2023 , I observed that “it is time to (finally) buy a few Halfords (HFD) shares on behalf of my pension fund”. The shares back then were in the lower 180s pence and ended this week at 205p. That is not too shabby, especially as shares in the “UK's largest retailer of motoring and cycling products and services” also yield more than 4% and the company continues to impress me whenever I walk past one of its stores…

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