Avoid Sainsbury (J) (SBRY) by Charlie Keough in The Motley Fool CLOSED

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  • Performance

    -1.22%

  • Price at start

    296.20p

    (bid)

  • Price at close

    299.80p

    (ask)

  • Tip made

    09/09/2021

  • Tip Status

    Closed

    10/09/2024

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Tip Notes

"...The most convincing factor for me to buy is the fact I see the chain as a viable acquisition target for a private equity firm. A takeover of this kind would see a large boost in the price of the stock. What does concern me, however, is competition. Market disruptors such as Aldi could pose a huge threat in the future. For this reason, I am going to avoid adding shares to my portfolio for now." - Charlie Keough, The Motley Fool

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