CUYTF - Colruyt: Buying This Stock With Significant Upside Potential

2024-05-07 17:36:33 ET

Summary

• Colruyt is a stable European grocer with solid brands and stores, but it has not been a sector outperformer.
• The company's recent half-year results show challenging macroeconomic conditions and increased operating expenses.
• Analysts expect double-digit growth for Colruyt in the coming years, making it an attractive investment with a potential annualized growth rate of almost 10%.

Dear readers/followers,

In my last article, I made it clear that I missed out on much of the upside of Colruyt ( CUYTF ) ( CUYTY ). You can find that specific and very relevant article here . I believe it is as important to point out mistakes as it is to point out overall upsides - and here, this is certainly both a mistake and an upside for the company....

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