This FTSE 100 stock is up 36% in the stock market crash. Here’s what I’d do now

first_img Our 6 ‘Best Buys Now’ Shares Harvey Jones | Thursday, 19th March, 2020 | More on: OCDO “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Image source: Getty Images. Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! If you can grow your share price while the stock market crash is destroying everybody else’s, your name must be Ocado Group (LSE: OCDO). The Ocado share price is up an astonishing 36% in the last week, as stockpiling shoppers overload its website and app.The online supermarket has now shut down its online operations until Saturday. That will give it time to work out how to create more delivery slots during the coronavirus outbreak, which has placed “unprecedented strain” on the business. It’s also stopped taking new registrations. Plenty of other companies on the FTSE 100 wish they had its problems right now.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The Ocado share price is now up 300% over the last five years despite the stock market crash. That’s in marked contrast to the 30% drop across the FTSE 100 as a whole.Crash and carryThis morning, it reported a 10.3% rise in revenues at Ocado Retail to £441.2m over the first quarter to 1 March. In today’s trading statement, CEO Melanie Smith said growth has doubled so far in the second quarter. It was driven by Covid-19 fears, although the impact of forward buying would “unwind at some point.”Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, reported a 10.2% increase in average first-quarter orders to 343,000. Average order size was up 0.3% to £110.24.This is all very positive as other companies battle to survive the stock market crash. But the Ocado share price is a tricky thing to value right now. Ocado Retail, its pure-play online grocery business, is only part of the story.Smart workThe real motivator here is Ocado’s Smart Platform, the technology behind its online grocery business. It’s selling worldwide, giving retailers a faster, more cost-efficient and lower-risk way to develop an online grocery business. This spares them the effort and expense of setting up their own robotics and algorithms.Basically, investors are pricing in future growth from overseas expansion. But Ocado Group has made a pre-tax loss in each of the last three years, with its Andover warehouse fire in February 2019 only partly responsible for recent slippage.City analysts expect the trend to continue, pencilling in a loss of around £130m in both 2020 and 2021, as management invests in the future. Basically, you’re ordering jam tomorrow, as Ocado rolls out its ‘solutions’ deals in Europe, Australia and North America. This includes operating 20 automated warehouses for Kroger, the biggest supermarket chain in the US.Ocado Retail also has to work hard to make its M&S hook-up work, and will be hoping customers will stay loyal when Waitrose moves on. Waitrose has a small proportion of the grocery market, but its customers are loyal, and it’s now developing its own online shopping tool.I’d be a little wary of rushing into Ocado right now. The recent spike may prove short lived, once shoppers and investors calm down. So I’m prioritising companies whose share prices appear unfairly punished by the stock market crash, rather than temporarily elevated.center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. This FTSE 100 stock is up 36% in the stock market crash. Here’s what I’d do now Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Harvey Joneslast_img read more

Demings to hold Legislative Update and Town Hall

first_img Mama Mia Reply Please enter your comment! UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Reply Reply The long list of Republican Congress people elected, who are bowing out of going to meet their constituents in person face to face in town hall meetings and playing possum is growing…….because it is so much easier to just receive an angry phone call or an angry letter and just hit a button and fire off a standard generic e-mail response that doesn’t amount to anything or address a person’s concerns. In fact, google around and search for Congress members who are not attending town hall meetings and you will find a story on a website, about constituents who are getting so irked by their MIA representatives that they are still organizing and attending the town hall meetings themselves, and have a cardboard cutout of their absent Congress person’s likeness on stage to represent them……LOL Well, at least Val is planning on showing up for the town hall meeting tomorrow, and will be listening, and will make her presence known……. unlike some OTHER elected officials, we know of, and detest! Who are they? Reply February 26, 2017 at 12:23 am David February 26, 2017 at 12:57 am Mama Mia LEAVE A REPLY Cancel reply Mama Mia 9 COMMENTS Gerrymandering got her elected and will keep her in office. Maybe people should keep an open mind on Val Demings as a Congress member who is new to the job. Although the Democrats are not the party in power right now, and that makes it harder to accomplish goals, do not underestimate Ms. Demings and if you choose to believe gerrymandering got her elected and will keep her in office, I say good! I hope she will stay in office, more power to her! Rubio’s record is what it is. David February 26, 2017 at 12:07 am Rubio is the first one that comes to my mind, offhand, but there are plenty of others. He had one of the worst records ever of missing votes. Then he spent all of his time campaigning for president instead of representing the people for the job he got elected for, then turned around ran again, and was lucky enough to get elected again, and then is a NO SHOW on town hall meetings. He is one of the most flip-floppy elected officials ever. I don’t think he even knows himself what he believes in. Please enter your name here Mama Mia Representative Val Demings, Florida’s 10th Congressional district, will hold a Legislative Update and Town Hall on the Affordable Care Act in Orlando tomorrow.  Demings will be joined by several representatives from the healthcare industry.This will be Demings’ first town hall since being elected in November.“There is a lot happening in Washington and here at home, and it’s important for me to hear from my constituents,” said Demings.”I want them to be a part of the conversation so I can take their concerns back with me to DC.”The town hall will be held at the Dr. Phillips High School Auditorium tomorrow, Sunday, February 26th from 3:00 PM to 5:00 PM.Dr. Phillips High School is located at 6500 Turkey Lake Road, Orlando, FL 32819.center_img Share on Facebook Tweet on Twitter February 25, 2017 at 11:21 pm February 25, 2017 at 11:19 pm February 26, 2017 at 11:22 am The above posting about the no show Congress people at the town hall meetings and the cardboard cutouts being used is on ThinkProgress. org. Reply You have entered an incorrect email address! Please enter your email address here Maybe people should keep an open mind about the new President also Florida gas prices jump 12 cents; most expensive since 2014 February 25, 2017 at 11:18 am Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Mama Mia Reply Julie Let’s see…..keep an open mind on racism, bigotry, hatred, discrimination, destroying the environment, destroying needed regulations, colluding with our enemy secretly, and turning our backs on our allies, attempting to censor our people and cut us off from the free press and media sources, attempts to stop our rights to protest, disregard for people’s healthcare needs……thanks, but no thanks, for an open mind when it comes to him………. Reply TAGSRepresentative Val Demings Previous articleWekiva Mustangs advance to Final Four!Next articleState Rep. Jennifer Sullivan Schedules Apopka Office Hours Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR Reply February 26, 2017 at 12:51 am Mama Mia February 26, 2017 at 6:27 pm Reply Save my name, email, and website in this browser for the next time I comment.last_img read more