Buy Stagecoach Group (SGC) by Charles Archer in The Motley Fool

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  • Performance

    16.92%

  • Price at start

    90.40p

    (ask)

  • Current price

    104.70p

    (bid)

  • Tip made

    29/09/2021

  • Tip Status

    Open

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Tip Notes

"...With that said, Stagecoach makes sense to me. While the bus company has had a torrid two years, its share price is up 24% in the past month due to a proposed tie-up with National Express. In the short term, it’s going to take time before travel rebounds to pre-pandemic levels. And yes, there’s a petrol shortage to contend with. But long term, if the merger goes ahead, I think the new group could rake in huge profits as the combined businesses see sales grow and costs fall." - Charles Archer, The Motley Fool

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