Will I be wanting a Bunzl shareholding for Christmas 2023?
By Chris Bailey | Tuesday 24 October 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.
I am happy to keep on avoiding shares in all of the FTSE 100 banking sector, even if far too many investors keep on trying to believe they are offering “cheap P/Es and high dividend yields”. Even a moderately competent bank analyst is going to be thinking about the sector in other ways, though I’m by contrast all over the comments this morning from the “multinational distribution and outsourcing company” Bunzl (BNZL).
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