The Week in Focus: Tesco, US Shutdown, Royal Mail

THE WEEK: Morningstar columnist Rodney Hobson tells us he's lost faith in Tesco, he's disappointed in the market reaction to the US shutdown and he's far from excited about the Royal Mail IPO

Rodney Hobson 4 October, 2013 | 11:02AM
Facebook Twitter LinkedIn

In a special edition of The Week, Morningstar.co.uk columnist Rodney Hobson discusses three highlights of the week that are bothering him, and invites investors to join him at an upcoming event in London. Click on a headline below to read each the missive in full.

The Battle of the Baskets

I have long argued in this column that Tesco (TSCO) is in serious danger of losing its top spot among supermarkets, just as the once impregnable Sainsbury (SBRY) fell from grace. Sales figures this week suggest that Tesco is still on track to fulfil my fears...

Read more

Strength in Misery

The government shutdown in the US has been a major disappointment for those who, like me, are looking to make further investments in shares. I had expected the market to fall heavily when Democrats and Republicans failed to reach a deal on the budget but the indices on both sides of the Atlantic have held up remarkably well, thus failing to present a clear cut buying opportunity...

Read more

Lost in the Post

I can't feel any attraction for buying Royal Mail shares. The post service is a dying industry kept on life support by the purveyors of junk mail. It is a miracle it is still with us in the age of email attachments...

Read more

Date for the Diary

I will be speaking as usual at the London Investor Show at Olympia on Friday 25th October on the topic of investing for recovery. After three years of helping less experienced investors to cope with recession and economic rollercoasters it will be a welcome change to take a more positive line.

Morningstar.co.uk's editor-in-chief Holly Cook will also be in attendance, chairing the Investors' Question Time at which you can fire your questions at a panel of experts.

Use the promo code 'Morningstar' when registering to receive your complimentary ticket.

Please do also come and talk to us informally if you attend. This is a really thriving show supported by the London Stock Exchange and well worth a visit.

The Week's Most Popular

Feeling Contrary? Take a Bet on These Losers
Are this year's worst performers going to be next year's top trumps?

Lloyds Shares Worth 92p, Say Morningstar Analysts
Shares in the bank have almost doubled in the past year but Morningstar analysts believe they're still undervalued.

Neil Woodford: A 5-Year Anniversary Worth Celebrating
Edinburgh Investment Trust shareholders have enjoyed excellent returns thanks to Neil Woodford’s successful risk management.

BP to Grow Dividend
After a multiyear period of shrinking because of the Macondo oil spill, BP finally is about ready to begin growing again.

UK Stocks to Watch: Banks, Retailers and Real Estate
A new report from BofA Merrill Lynch pinpoints the FTSE 350 sectors best placed to benefit from the domestic and global recovery.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Sainsbury (J) PLC237.00 GBX-0.84Rating
Tesco PLC255.10 GBX-4.13Rating

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.