Stockchase Opinions

Michael Hakes - CFA, MBA Kingfisher KGF-LSE TOP PICK Apr 19, 2024

Home Depot of Europe. UK and France are focus markets. Challenges (inflation) in Europe putting pressure on stock. Margins are starting to rise - especially in France. Inventory management getting better. Consumer sentiment getting better in Europe. Savings rates are high, but expecting interest rate cuts will lead to further consumer spending. ~5% dividend yield is safe. 

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