Does the Sell-Off in Grocery Stocks Present a Buying Opportunity for Kroger?
Now that Amazon's (NASDAQ: AMZN) acquisition of Whole Foods Market is complete, it's not a bad time to take stock of how this merger and other recent industry trends are affecting Kroger (NYSE: KR), the nation's largest conventional grocery chain.
In this segment from Industry Focus: Consumer Goods, the team tackles a listener question on whether Kroger's recent swoon represents a buying opportunity. To gain some perspective on the grocer's challenges and what lies ahead, tune into the video below.
A full transcript follows the video.
Source: Fool.com
Amazon.com Inc. Stock
€171.66
0.420%
The stock is an absolute favorite of our community with 145 Buy predictions and no Sell predictions.
As a result the target price of 188 € shows a slightly positive potential of 9.52% compared to the current price of 171.66 € for Amazon.com Inc..
