3 "Amazoned" Retail Stocks I'd Hate to Buy
Being "Amazoned" means that Amazon.com's (NASDAQ: AMZN) ever-expanding e-commerce ecosystem is steamrolling a company. That list is growing by the day, with sluggish brick-and-mortar traffic forcing companies to shutter stores and make dramatic strategic shifts to remain relevant.
Many "Amazoned" retailers might look like contrarian buys, with low valuations and high dividends, but investors should exercise caution with these hated stocks. Let's examine three Amazoned retailers I'd definitely avoid -- Foot Locker (NYSE: FL), Kroger (NYSE: KR), and Macy's (NYSE: M).
Image source: Getty Images.
Source: Fool.com