It’s not often that Pick n Pay releases a solid result. As the eternal second-fiddle player to Shoprite, its share price tends to trade in sideways channels without a clear bull or bear trend. This makes it fun for swing traders and disappointing for investors.
In contrast, Shoprite is the master of bull and bear channels. The strategy either goes well or particularly badly and the market tends to overreact to both. The share price was on a charge from 2015 to 2018 as the market fell in love with the growth story in Africa. That story later reversed horribly, taking Shoprite’s share price back down to 2011 levels even before the pandemic.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
THE FINANCE GHOST: The fat and the lean of grocersGrocery stores can offer an inflation hedge provided your entry price is reasonable, writes FinanceGhost.
स्रोत: FinancialMail - 🏆 20. / 63 और पढो »
THE FINANCE GHOST: The fat and the lean of grocersGrocery stores can offer an inflation hedge provided your entry price is reasonable, writes FinanceGhost.
स्रोत: FinancialMail - 🏆 20. / 63 और पढो »
THE FINANCE GHOST: The fat and the lean of grocersGrocery stores can offer an inflation hedge provided your entry price is reasonable, writes FinanceGhost. FinanceGhost Is Ghostie now retreating behind firewalls? It’s sad but no doubt inevitable
स्रोत: FinancialMail - 🏆 20. / 63 और पढो »