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Woolworths jumps over 50 percent year to date, David Bird points out

Woolworths jumps over 50 percent year to date, David Bird points out
Woolworths climbs over 50 percent in 2023

David Bird addresses common criticism of Woolworths regarding its growth prospects, noting that the company is often accused of failing to outpace inflation.

Despite this sentiment, David Bird highlights that Woolworths shares have climbed more than 50 percent year to date, making his investment decision notable. He references his purchase of the stock when its price fell to around $26, describing the experience as reminiscent of stepping into a time machine.

Bird has previously drawn a distinction between Bitcoin’s underperformance versus equities and gold, while noting outperformance by some utility-focused altcoins in the current market here. He also observed that the outperformance of the Magnificent 7 stocks compared to the S&P 500 peaked in late 2025 here. These observations provide context for his latest comments on Woolworths’ share price trajectory.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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