Whatever Happened To The Great Tesco plc Rally?

Tesco (LSE: TSCO) soared in the early months of 2015, as investors applauded the plan of new CEO — nicknamed ‘Drastic’ Dave Lewis — to cut prices, revamp the UK business, and dispose of multi-billion non-core assets such as Tesco’s data and Asian operations. However, the shares have slumped by a quarter since April. Is the recovery off, after all?

Elsewhere in the market, the Fool's experts believe sales could treble in just five years at this e-commerce stealth attack whose maverick CEO may have been underestimated by the City. For more free information on this daring buy, click here now.

Owain Bennallack owns shares in Tesco. The Motley Fool UK owns shares in Tesco. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.