Yesterday’s blue chip darling is today’s basket case when it comes to Tesco (LSE: TSCO), a company that hasn’t put a foot right for years. With even its accounting policies now under the microscope, UK sales still falling, overseas sales struggling to gain real momentum and the dividend set to be cut back to the bone, could 2015 be the year for contrarian investors to buy?
What Does 2015 Have In Store For Tesco PLC?
VIDEO: One Fool puts Tesco plc (LON:TSCO) under the spotlight…
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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