Tesco PLC (ADR)
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Bargain Hunters - If You Shop There, Don't Invest.
By Sean O'Meara - October 18, 2012 | Tickers: TSCDY.PK, WMT
This month Tesco's (NASDAQOTH: TSCDY.PK) results came out and for the first time in 18 years they announced a profit decline. Tesco has always been known as a 'safety' stock with Steady growth, nice dividends and pretty much total immunity to market volatility as a result.
Warren Buffett purchased a large amount of Tesco stock last year as it fits his model as a 'value' investment. However, since more »
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Tesco Plc: Buffett's Folly?
By C. Russell - April 24, 2012 | Tickers: TSCDY.PK, WMT |
Tesco (NASDAQOTH: TSCDY.PK) has been attracting a lot of attention from investors recently. In January, the company issued its first-ever profit warning, last week it announced its plans to turnaround the business (as well preliminary annual results), and Buffett's stake now stands at just over 3.5% of the company. Unfortunately, this latter point has, perhaps, led to a herd of investors moving in whilst some well-known local more »