Tesco: Has Barnett got it right or is Buxton on the money?

Six weeks on from its annus horribilis, Tesco continues to split opinion among UK stockpickers.

Tesco endured a string of profit warnings in 2014, the most disastrous connected to a £250m accounting error that is still being investigated by regulators, and was the FTSE 100's second-worst performer of the year. But with the supermarket's share price having fallen almost 45% in 2014, the announcement of a turnaround plan - involving a cost-cutting drive headed by new CEO Dave Lewis - has sparked a mini-revival for Tesco shares this year. Last month, Invesco Perpetual's Mark Barnett said he may have "missed the boat" on the supermarket, given the 25% bounce for the stock seen in th...