If you'd invested in: Ocado and Galliford Try

Online retailer Ocado is soaring despite being heavily shorted, but construction firm Galliford Try is suffering in the wake of the Carillion collapse.

If only

882_Good-Ocado

Online grocery retailer Ocado (LSE: OCDO) is among the UK's most shorted stocks, but its shares have rocketed since November, when it announced plans to build a warehouse for and license its technology to French supermarket chain Groupe Casino. Two weeks ago it announced another deal to help Sobeys, one of Canada's largest food retailers, build a warehouse outside Toronto and allow the chain to use its e-commerce platform. And this week, despite announcing a profit warning and a pre-tax loss of £500,000 in 2017, it placed £143m of shares with investors, representing around 5% of additional share capital.

Be glad you didn't

882_Bad-Galliford-Try

Construction firm Galliford Try (LSE: GFRD) has suffered following the collapse of Carillion. In January the firm, which is working with Carillion and Balfour Beatty on the £550m Aberdeen Western Peripheral Route road, said it may have to fork out an extra £30m-£40m to complete the project. Earlier in April its shares also plunged when it abandoned an effort to buy rival builder Bovis Homes, following a £1.2bn approach. To add insult to injury, Bovis, having rebuffed Galliford's advances, hired one of its former CEOs.

Recommended

Beyond US tech stocks: three global stars to buy now
Share tips

Beyond US tech stocks: three global stars to buy now

There is much to like about the US tech giants, says professional investor Alec Cutler of Orbis Investments highlights. But there are many other excel…
1 May 2021
Share tips of the week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
19 Feb 2021
Big Tech is becoming Big Brother: a leviathan out of control
Tech stocks

Big Tech is becoming Big Brother: a leviathan out of control

With mounting influence over what we do, see, and even think, the technology giants are changing the world. It may not be long before the sector eclip…
7 May 2021
Three Asian tech stocks that lead the way in innovation
Share tips

Three Asian tech stocks that lead the way in innovation

Professional investor Fay Ren of Cerno Capital highlights three of her favourite Asian tech stocks to buy now
7 May 2021

Most Popular

Big Tech on steroids: why the 2020s will be the “decade of the DAO”
Bitcoin & crypto

Big Tech on steroids: why the 2020s will be the “decade of the DAO”

Big tech companies have transformed the way we live our lives. But if you thought they were disruptive, you haven’t seen anything yet. As Dominic Fris…
6 May 2021
Cryptocurrency ether has hit an all-time high. Why? And will the bull market last?
Bitcoin & crypto

Cryptocurrency ether has hit an all-time high. Why? And will the bull market last?

Cryptocurrency ether – the world’s largest cryptocurrency by market cap after bitcoin – hit an all-time high this week. Saloni Sardana looks at what’s…
5 May 2021
Could you end up paying inheritance tax on your family home?
Inheritance tax

Could you end up paying inheritance tax on your family home?

The value of the average UK home has risen by 53% since April 2009, but the inheritance tax threshold has remained static. And that means more people …
7 May 2021