3 "Amazoned" Retail Stocks I'd Hate to Buy
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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
Walmart Inc. Stock
€73.70
1.320%
With 97 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 75 € shows a slightly positive potential of 1.76% compared to the current price of 73.7 € for Walmart Inc..
