Tesco stock (TSCO) has been on the rise and its price has risen by about 30% over the past year and by over 20% in the last six months.
To help stock investors interested in investing in Tesco stock (TSCO), Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
Best places to buy Tesco stock
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Register with eToro instantly
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
Register with Webull instantly
What is Tesco stock?
Tesco stock is the stock of Tesco PLC and it trades on the London Stock Exchange under the ticker LON: TSCO.
In a nutshell, Tesco PLC is a British-based multinational grocery and general merchandise retailer. It is headquartered in Welwyn Garden City, England.
Tesco is the third-largest retailer in the world in terms of gross revenue. It has shops in about five countries across Europe with the biggest share being in the UK.
Should I buy TSCO stock today?
If you are looking to invest in a stock that has been on a sustained bullish trend, then the TSCO stock could be a good choice.
However, if another wave of Covid-19 is to be experienced, the stock would plummet again because of reduced sales like in the past Covid-19 lockdowns.
TSCO stock price prediction
Nvidia stock (NVDA) bullish trend is expected to continue as people return to normalcy as the Covid-19 cases continue to reduce around the world.
Analysts are looking at a price target of about £300 before the end of the first quarter of 2022.
$TSCO social media coverage
The post Tesco stock (TSCO) climbs 20% in six months: here are the best places to buy it appeared first on Invezz.