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JDWPF - Revisiting The Long-Term Investment Case For J D Wetherspoon
J.D. Weatherspoon Plc
Uncertainty about lockdowns continues to plague the U.K. hospitality sector.
Pub operator J D Wetherspoon has fallen sharply since my positive June note.
Its recent results were bad and there are reasons to avoid the name.
However, I think its strong operating model and resilience will show their value over the longer-term and see the current price as a buying opportunity.