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boohoo Plc

4 shares destined for high growth? AstraZeneca plc, Boohoo Group PLC, BAE Systems plc and Ocado Group PLC

The growth prospects of shares in AstraZeneca plc (LON:AZN) (AZN.L), Boohoo Group PLC (LON:BOO) (BOO.L), BAE Systems plc (LON:BA) (BA.L) and Ocado Group PLC (LON:OCDO) (OCDO.L) are the focus of this article. Could they generate improving financial performance?

Boohoo’s share price performance has been volatile of late. Investors appear to be cautious about the online retail sector after its industry peer, ASOS, announced a profit warning.

Boohoo, though, released a recent trading update that stated its performance has been in line with expectations. With a refreshed management team set to be put in place and the potential for a tailwind as shoppers increasingly move online, I’m optimistic about the stock’s long-term performance.

 

Boohoo Group PLC (LON:BOO) operates as an online fashion retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides its products under the boohoo, boohooMAN, PrettyLittleThing, and Nasty Gal brand names. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.