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UK Investor Magazine

Sainsbury's, Bidstack and US Tech Stocks with Alan Green

Jan 12, 2022
33:22

The UK Investor Magazine Podcast is joined by Alan Green for a discussion around key market themes and a selection of UK equities.


This Podcast explores Sainsbury's (LON:SBRY), JD Sports (LON:JD), Bidstack (LON:BIDS) and ECR Minerals (LON:ECR).


Sainsbury's and JD Sports can be viewed as bellwethers of the UK's consumer and their festive updates provide an insight into consumer behaviour and propensity to spend.


Sainsbury's enjoyed the fruits of their strategy to provide low cost lines in an effort to take on discount supermarkets, whilst still offering a significant range of branded goods. Having all if this under one roof proved a success for Sainsbury's and their festive update was well received by markets.


JD Sports are seemingly immune to the strife elsewhere on the high street posting a respectable set of festive trading figures. We question where growth could come from in 2022.


Bidstack have signed a commercial agreement that guarantees a minimum of $30 million advertising spend through their new partner. This will dramatically increase Bidstack's revenue in the coming periods and was immediately reflected in the Bidstack share price. However, it may have come too late for Bidstack to take a dominant position in the market given the level of competition in the market.


We also briefly touch on the latest from ECR.



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