Buy Sainsbury (J) (SBRY) by Charles Archer in The Motley Fool

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  • Performance

    -4.01%

  • Price at start

    294.60p

    (ask)

  • Current price

    265.80p

    (bid)

  • Tip made

    23/09/2021

  • Tip Status

    Open

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Tip Notes

"...But I think the grocery retailer is a strong defensive stock in this inflationary environment. Regardless of potential setbacks over the winter, people will always need food. And I believe the chances of a private equity buyout remain high. So I think the current Sainsbury’s share price is attractive for my portfolio." - Charles Archer, The Motley Fool

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