Tesco Piques Investor Interest as Shares Rise 35%

Tesco is back on the top stocks list after shares rally significantly, joined by financial and mining stocks

Karen Kwok 8 November, 2016 | 8:34AM

Tesco (TSCO) has returned to the top stock list, as chosen by Morningstar.co.uk readers – no doubt due to its 35% share price gain year to date. The food retailer has not been on readers’ top stocks list since June.

Alongside Tesco, banking and financial services stocks continue to be popular among readers, with Lloyds Bank (LLOY) topping the list of the most clicked on stocks for the last 13 months in a row. Mining stocks hold interest for readers thanks to their share price rebound in the second half of the year.

Tesco Share Price Spikes

Morningstar equity analysts are positive on the outlook for Tesco, saying the food retailer “remains a strong omni-channel operator”.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

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.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
88 Energy Ltd0.27 GBX0.00
Aviva PLC300.30 GBX2.84
Barclays PLC111.76 GBX4.80
BP PLC307.55 GBX4.11
City of London Ord331.50 GBX1.53
HSBC Holdings PLC346.00 GBX4.53
Lloyds Banking Group PLC29.46 GBX3.66
Royal Dutch Shell PLC B1,171.40 GBX3.54
Tesco PLC224.70 GBX-0.31

About Author

Karen Kwok

Karen Kwok  is a Reporter for Morningstar.co.uk

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies