Ahold’s good fundamental militate for a long strategy.

The Dutch retailer keeps strong intrinsic qualities as its valuation, its yield and its attractive growth prospect. Its merger with the Belgium entity, Delhaize, has divided analysts opinion, who think that many months will be necessary to see its first positive effects, especially on the US market. The Dutch group is expanding in the USA thanks to an acquisition of a New York stores chain (A&P).

Graphically, the stock briskly reacted on the lower limit of the EUR 16. This technical rebound confirm the opinion of the buyer consensus. The 20-week MA remain bullish and a new acceleration toward the recent highs seems very likely.

Consequently, a long position could be opened while targeting the EUR 19.7 with a stop loss order set at EUR 16.79, in case of a pullback.