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Actionable news in WMT: WAL-MART STORES Inc,

Ocado: Overvalued, Overbought

Summary

Ocado is trading at an excessively high valuation and at an overbought level.

The company faces increased competitive threats, price pressure, and higher costs, which is likely to put downward pressure on margins.

The rate of revenue and EBITDA growth are likely to slow down as competition limits Ocado’s market share growth and profitability.

Increased Competitive Pressure

United Kingdom-based online grocery delivery company, Ocado (OTC:OCDGF), faces increased competition from Amazon (NASDAQ:AMZN), who will be initially operating its...


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