What’s with OCADO?

OCADO is a running signal in the RMI Active UK 20. And the stock has moved up 50% in the last 95 days. This is definitely an outlier, but that’s what RMI does identify negative outliers at low-risk entry points. A few of them just end up moving from the worst to best, like OCADO has done over the last 6 months, moving from 100 to 400. OCADO is in the retailing technology and also an online retailer. At 2 billion GBP, OCADO can be easily considered a regional sector major. The RMI UK Active 20 is up 30% for the year compared to FTSE 100, which is up 13% for the year.