Which Companies Might Amazon and Wal-Mart Buy Next?
A number of analysts, journalists, pundits, and investors have spent a lot of time trying to guess which companies Amazon (NASDAQ: AMZN) and Wal-Mart (NYSE: WMT) may buy next. In fact, you could probably find an article or a report linking one brand or the other to nearly every struggling retailer and upstart pure-digital brand. This type of speculation has only gotten stronger since Amazon agreed to buy grocer Whole Foods for $13.7 billion and Wal-Mart agreed to spend $310 million to buy upscale men's clothing retailer Bonobos.
Beyond pure speculation, the people at Foursquare, which calls itself a "location intelligence" company, believe they can use data-driven insights to predict which companies both retailers will target next. "Our analysis is driven by the unique perspective we have based on our location intelligence and our understanding of how people move through more than 105 million locations around the globe," the company said in a post on Medium by CEO Jeff Glueck.
Could Wal-Mart or Amazon be eyeing Nordstrom? Image source: Nordstrom.
Source: Fool.com
Walmart Inc. Stock
With 99 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 110 € shows a slightly positive potential of 10.2% compared to the current price of 99.82 € for Walmart Inc..
