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Why Amazon's Purchase of Whole Foods Was Brilliant

TheMotleyFool 
0 0 27.11.17
Why Amazon's Purchase of Whole Foods Was BrilliantPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png
 
Why Amazon's Purchase of Whole Foods Was Brilliant

Americans are buying more and more of their groceries and household necessities online. And thanks to its acquisition of Whole Foods Market, Amazon.com (NASDAQ: AMZN) is perfectly positioned to capitalize on this enormous trend.

The U.S. lags much of the world in online ordering of everyday household goods, also known as fast-moving consumer goods (FMCG):

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Source: Fool.com

Amazon.com Inc. Stock

€223.70
0.380%
The Amazon.com Inc. stock is trending slightly upwards today, with an increase of €0.85 (0.380%) compared to yesterday's price.
Currently there is a rather positive sentiment for Amazon.com Inc. with 205 Buy predictions and 7 Sell predictions.
With a target price of 258 € there is a slightly positive potential of 15.33% for Amazon.com Inc. compared to the current price of 223.7 €.
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