Week Ahead: Two stocks to watch out for - Linear Investment

Oct 03, 2016, 12:19 PM

Tesco (LON: TSCO), and Greggs PLC (LON: GRG), are two stocks to keep an eye on in this week, says Tim Harrison - Head of Wealth Management at Linear Investment, as he joins the Tip TV Studio, to offer fundamental insights on the two UK listed equities. Interviewed by Zak Mir.

Highlights:

Theresa May announced yesterday that she is going to invoke Article 50, and this is the reason behind the softer Pound.

Tesco PLC (LON: TSCO): Massive restructuring, and this could be a course of another growth for the business. “Retail space in fire at the moment, but the worst might be over for Tesco,” says Harrison

“Case of another recovery story. Sits well within any portfolio. The financial accounting scandal impacted them, but Tesco remains the biggest player when it comes to competition”, notes Harrison

Greggs PLC (LON: GRG): “If positivity in numbers out tomorrow, we can see the shares move higher.”