ACEtheNOBLE

Jakob Banks

Real Money Earned: $3.07
Location: New Brighton, PA
Member Since: 4/05/08
Portfolio Total:$1,945,245.03

Stock Analysis: 1

Portfolio Start Date04/17/09
Annualized Return:65.7%
Total Return:94.5%

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Stock Pick by Jakob Banks

TESO: The British Invasion

Start trading TESO with real money!

Rate Analysis

6 ratings

Posted 856 days ago on 5/02/08

Market call:TESO will go UP
Target: $50.00 on 8/02/08
Current: $10.51 (-64.95% from time of market call)

Not only is Tesco one of the world's top 5 supermarket and superstore chains, it is a choice stock of "the oracle" Warren Buffet. Currently Berkshire Hathaway holds nearly 3% of this fast moving stock. Since its move to the US in 2006 Tesco opened its first US convenient store in November of 2007. Tesco plans to continue to open these stores under the name Fresh and Easy at a rate of one store every two and a half days. As long as the profits keep coming look for Tesco to continue its "invasion" of the US grocery market.

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Jakob Banks

Posted 5/9/2008, 6:42 am

We've had a rough week this week, but I have still made money on this stock. Even though EVERY other holding in my portfolio went down. Not only is this a fast stock, it is a strong stock too.

PetSka

Posted 5/7/2008, 1:55 pm

a great find! long term value play with loads of room for growth.

Dan Banks

Posted 5/2/2008, 4:13 pm

Under the radar but, not for long.

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Jakob Banks

Stock Pick by Jakob Banks

TESO: The British Invasion

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Your friend Michael Fienen invited you to join the UpDown.

Here is Michael Fienen's message to you: “This is a really cool site. You should join and see if you are a better investor than I am.”