When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
OCDGF - Ocado: In A Gold Rush The Money's In Selling Shovels
Ocado Group Plc
Online groceries
It seems quite clear and obvious that online sales of groceries are going to continue to rise strongly over the years. As with other bricks and mortar retail, it's just a technological shift that's going to happen.
The problem with this is that it's obvious to everyone therefore capital and competition has flooded into the sector. We have both the online companies - Amazon (AMZN) obviously - and the traditional grocers - Tesco (TSCDF), Sainsbury's (JSNSF) and so on - competing. Plus, whatever it is that Uber decides to do in the space