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  5. EMP.A: Do you see any of the grocers as investible for a good total return ? [Empire Company Limited Non-Voting Class A Shares]
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Q: Do you see any of the grocers as investible for a good total return ? How would you rank MRU, L, EMP.A ?

Thanks for your advice.
Ian
Asked by Ian on August 20, 2024
5i Research Answer:

We would, today, rank thusly: L, MRU, EMP.A. 

For a defensive position, we would be fine with any of these, and they have done well so far this year. None are particularly 'cheap' at the moment, so we might start small. 

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