How Tractor Supply Is Defying the Train Wreck of Retail
I know you've read the headlines. "Bricks and Mortar is Dying." "Malls are Doomed." "Retail is Falling Apart."
Every day, it seems we read about another retailer kicking the bucket. My colleague Dan Kline recently wrote that nine major retailers went bankrupt in the first three months of 2017. That was more than the entire number that went bankrupt the year before.
We of course know the reasons for this. The unstoppable e-commerce trend continues, with Amazon (NASDAQ: AMZN) expanding into organic groceries and potentially even pharmacies. As a percentage of total retail sales, e-commerce overall has risen from 6% in 2013 to 9% today, and it's expected to hit more than 12% by 2020.
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..
