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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (44153)8/31/2011 4:34:08 AM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 78628
 
I assume the plan is ltb&h. She does not trade (unlike most on this thread :P).

She likes it for Peter Lynch reasons. She shops at Stop&Shop and she says that it's always crowded. Shaws next to us closed last year - it was empty most of the time - and now local Stop&Shop has pretty much zero competition in about 2-3 mile radius. Obviously, this is just a small part of AHONY, so the reasons are a bit simplistic. :)

Personally, I also like the stock. They cleaned up the balance sheet well, they bought some of the Shaws closed stores at probably cheap prices. Europe-side is doing OK, although I don't know much about competitive pressures there. So I may even buy more in my portfolio. :)