Best Buy Shows There Is Life After Amazon Disrupts You
In the past few months, numerous major retailers have seen their share prices undermined by concerns about competition from e-commerce juggernaut Amazon.com (NASDAQ: AMZN).
Costco Wholesale (NASDAQ: COST) stock plunged after Amazon announced its intent to expand in the grocery business by buying Whole Foods. Home Depot (NYSE: HD) stock fell earlier this month on the news that Sears Holdings would begin selling Kenmore appliances through Amazon. And while Macy's (NYSE: M) has been posting poor results lately, its stock price has plummeted in a manner out of proportion to its sales declines.
Source: Fool.com
Home Depot Inc. Stock
€313.10
-0.370%
The stock is one of the favorites of our community with 35 Buy predictions and 3 Sell predictions.
As a result the target price of 348 € shows a slightly positive potential of 11.15% compared to the current price of 313.1 € for Home Depot Inc..
