Long Term Buy Boohoo Group (BOO) by Gary Newman in ShareProphets

Tip Notes

"...There is of course risk involved with buying now whilst the share price is in a downwards trend and it could well get even cheaper in the short term, but if you are looking at this company as a recovery play as opposed to just trying to day trade it, then longer term I see the current share price level as offering enough upside potential to make it worthwhile buying, even if you don’t see a quick turnaround from here and have to be patient. It is the sort of share that could easily do 100-200% from here over a longer period of time if the current issues ease and it is able to capitalise on its sales growth and achieve the future margins it is targeting." - Gary Newman, ShareProphets