SaxoTV

Why online supermarket Ocado looks good value: Garnry

813 views
March 17, 2016 assets, equities, equities saxo, equities trading, equity, equity index, equity market, equity markets, equity portfolio, equity portfolios, equity research, equity strategy, equity trading, groceries, margin, margins, ocado, retail, retail industry, retail sales, retailer, retailers, retailsales, return on equity, saxo bank, saxo tv, share price, shares, shares down, shares prices, supermarket, supermarkets, trading, tradingfloor, tradingfloor.com, value
Ocado is dominating the UK grocery market, says Saxo's Peter Garnry. Its Smart Platform is providing the company with the industry's highest cash flow return to assets, he explains. The retailer's shares are down 41% since their July peak and so look good value, says Garnry. 

In this video, Peter explains why he believes Ocado is a story about expanding margins which will support a rise in the share price.