In the Pink, a Healthy Grocery Store
As a rule, I avoid investing in stocks. with a .pk suffix on the ticker. Pink isn't always a healthy color in the investing world. But as we all know, you shouldn't judge a stock by its ticker. I'm thrilled to have a position in TSCDY.PK more commonly known as Tesco. Where else can you stop for a scone and a pot of tea; buy your lemon curd, ginger beer, potato crisps, jaffa cakes, fresh bread and cheese; stock up on screenwash, and sign up for pet insurance for your moggy before you leave?
There are Walmarts in UK, but only a few. Tesco is a younger, more suave grocery giant than Walmart. And as such, I think Tesco is uniquely poised to do well in a country watching its wallet. Tesco isn't a transplanted company, and it has its best years ahead. Go Tesco!
(Disclaimer please kindly forgive any ineptitude in using terminology. I'm an American who loves the country that produced a Jane Austen, a Dorothy Sayers, a Beatrix Potter, and so forth.)