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Tesco: Why This Defensive Play May Be Fully Priced

I’ve been digging into a few grocery stocks with big U.S. exposure—most notably Ahold Delhaize ( OTCQX:ADRNY ) and the more regional, family-run Weis Markets ( WMK ). And right now, I’ve got toAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). ...