Long Term Buy Ocado Group (OCDO) by Renato Neves in The Motley Fool CLOSED
-
Performance
-76.38%
-
Price at start
1,218.00p
(ask)
-
Price at close
287.70p
(bid)
-
Tip made
12/04/2022
-
Tip Status
Closed
14/04/2025
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 FoolNOTE: Stockomendation Ltd is not responsible for any content contained on the page behind the link. Some tip search links need accounts or subscriptions with third parties in order to view the tip.