Best Consumer Service Companies To Buy For 2015

Best Consumer Service Companies To Buy For 2015: Tesco PLC (TSCDY)

Tesco PLC, incorporated on November 27, 1947, is engaged in retailing and associated activities in the United Kingdom, China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand and Turkey. The Company also provides retail banking and insurance services through its subsidiary, Tesco Bank. The Companys operations in the United Kingdom is the within the Company, with over 3,000 stores. The Companys in-store picking model is complemented by a small number of specialized dotcom-only stores, which allow the Company to respond to customer demand. The Companys Click & Collect service is a part of its multichannel offering and enables customers to pick up their shopping when and where it suits them. It has over 1,500 Click & Collect collection points for general merchandise and over 150 Grocery Drive-thrus in the United Kingdom.

The Companys operations in India include sourcing and its service cent re, as well as a franchise arrangement with Tata Group. The Companys Hindustan Service Centre (HSC) is the global services arm for Tesco worldwide, providing business services for Tesco operations globally. Tesco HSC is engaged in creating and executing strategic initiatives covering information technology (IT), Financial, Commercial and Property, among others. The Company also provides 80% of the stock sold by Star Bazaar, both food and non-food, sourced through its distribution centre in Mumbai. This distribution centre also provides wholesale products to traditional Indian retailers, kirana stores, restaurants and other businesses, providing small farmers and other suppliers with a way to sell their wares to the local market.

The Company has an online business and 22 of virtual stores in South Korean subways and bus stops, which help time-pressed customers, shop on-the-go using their smartphones. Tesco Lotus is its international business, serving over ! 11 m illion customers every week in over 1,400 stores. Tesco Bank offer a range of simple personal banking products, principally-mortgages, credit cards, personal loans, and savings.

Advisors' Opinion:

• [By Josh Zachariah]

  Tesco (TSCDY) has been selling well short of the price Warren Buffett paid last year. In November he paid some $18 a share and it now sells for less than $15 (a P/E less than 9). The remarkable thing is how unchanged the business is despite the sell-off. What catalyzed the sharp drop in price was comments by the CEO that earnings growth would be muted for 2012. But what Ive discovered, as Warren Buffett certainly has, is that the company is an exceptional business selling at a very attractive price.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-consumer-service-companies-to-buy-for-2015-2.html