Can Ocado and Boohoo continue to justify their rich valuations?
Despite turbulent market conditions, Boohoo and Ocado’s share price continue to reach new heights. Will shifting consumer trends towards online shopping and the two companies’ sound strategies lead to further capital growth for their investors? Or are the exorbitant valuations a disaster waiting to be unravelled?
Online retailers Ocado (LON:OCDO) and Boohoo (LON:BOO) have capitalised on favourable industry trends to become two of the UK’s largest retailers.
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