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Easter Was Sweet For Tesco PLC & J Sainsbury plc

VIDEO: One Fool takes a closer look at Tesco plc (LON:TSCO) and J Sainsbury plc (LON:SBRY).

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Owain Bennallack
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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The Easter bank holiday weekend was a washout for most of the country, but in the run up at least we were shopping. In fact the latest retail data suggests it saw the fastest growth so far this year, which is good news for shareholders of Tesco (LSE: TSCO) and Sainsbury’s (LSE: SBRY)…

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Owain Bennallack owns shares in Tesco. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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