Long Term Buy Ocado Group (OCDO) by Renato Neves in The Motley Fool
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Performance
-72.66%
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Price at start
1,218.00p
(ask)
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Current price
333.00p
(bid)
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Tip made
12/04/2022
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Tip Status
Open
Icon Key:
Tip Notes
"...Ocado is a speculative stock and, as consumers revert to their pre-pandemic in-store shopping habits, the share price may struggle in the short term. However, I invest by thinking long term and I see a competitive advantage over other competitors. Online grocery shopping will be the future in my opinion and Ocado Group is well positioned in this market. Therefore, I will be adding the stock to my portfolio with a view to holding it for at least the next five years." - Renato Neves, The Motley Fool
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