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home / news releases / OCDGF - Ocado's Rerating Has Started Already - Long Term Bullish


OCDGF - Ocado's Rerating Has Started Already - Long Term Bullish

Ocado (OTCPK:OCDGF) and gold rushes

Back a few days I suggested that Ocado (OTCPK:OCDGF) was looking good as a medium term holding. The argument was that selling groceries - even via home delivery - was a low margin business. Further, given the competition in the UK market from Aldi and Lidl, one that was becoming ever lower margin by the month.

Moving from competing there into selling other grocery chains the technology to do that work seemed to me like a good idea. Because, as above, the money in a gold

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Stock Information

Company Name: Ocado Group Plc
Stock Symbol: OCDGF
Market: OTC
Website: ocadogroup.com

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