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
€96.72
-0.660%
The stock is an absolute favorite of our community with 99 Buy predictions and no Sell predictions.
With a target price of 109 € there is a slightly positive potential of 12.7% for Walmart Inc. compared to the current price of 96.72 €.
