EasyJet, Tesco, Kingfisher — 3 Stocks to Watch

As the stock market continues to navigate a volatile environment, which seems to be easing, investors are looking for stocks that offer growth potential. This week, we’re taking a closer look at three companies that could be worth considering: EasyJet (LON: EZJ), Tesco (LON: TSCO), and Kingfisher (LON: KGF).


  • Kingfisher will report a Q3 trading update on Wednesday, November 22.
  • Although it is down just over 1% this year, the stock has gained over 15% in the last month. 
  • Investments in technology and store openings have helped the company recently. 
  • One point to note is rival Wickes’s recent release, which saw a drop in Do-It-For-Me (DIFM) sales, suggesting the market could be turning after recent strong performance.


  • Tesco shares have had a solid year so far, up 22%.
  • But Goldman Sachs analysts believe the stock is set to move higher over the next 12 months. 
  • The firm noted the supermarket giant’s focus on value as a factor in its bullish view of the stock. 
  • Elsewhere, Reuters reported late Friday that Barclays has been exploring a potential acquisition of Tesco’s banking operations.
  • There could be movement in the stock this week, making it one to watch.


  • EasyJet will report its full-year results in just over a week on November 28. 
  • After dipping on the back of its full-year trading update, EZJ shares have regained some momentum, up over 19% in the last month. 
  • The low-cost carrier reported record Q3 results and restarted its dividend.
  • Last Thursday, Morgan Stanley upgraded EasyJet, stating the company’s earnings are most geared to pricing uplift.
  • While we don’t expect too much to come out of the full-year results, EZJ is worth watching for a sustained move higher if market sentiment remains positive.

By Sam Boughedda