Stick with Ocado despite wild share price swings
OCADO (OCDO) £12.19
Gain to date: 2.7%
Original entry point: Buy at £11.87, 25 July 2019
Our ‘buy’ call on grocery delivery solutions firm Ocado (OCDO) has been tested in recent weeks with the shares demonstrating above-average volatility.
Last month the stock sank 20% in short order due to fears of increasing competition from US firms Amazon and Walmart. Last week ...