Jeff Yastine is currently the editorial director of Banyan Hill Publishing, and as an expert in investing, having spent a number of years operating as the anchor for the PBS Nightly Business Report, he recently discussed a few stocks that could potentially challenge for Amazon’s crown. In December of 2017, Mr. Yastine published an article that discussed an impending trend of mergers and acquisitions and revealed that fact that this could present a myriad of lucrative opportunities for investors. This prediction immediately came to fruition, as talks of a partnership between the Brazilian aircraft manufacturer, Embraer, and Boeing led to an immediate jump in the South American company’s stock price. Learning intimate knowledge of the climate of big-box stores while at PBS, Mr. Yastine immediately shifted his attention to the world of retail.
Kroger is a stock that Jeff Yastine highly recommends looking into, as the grocery chain is currently a very well known entity, operating nearly 3,000 stores in the United States. Although the stock value of Kroger dipped about one-third upon the release of news signifying Amazon’s decision to acquire Whole Foods, Jeff Yastine believed that, due to a number of steps the grocery store chain has taken, they are in prime position to remain competitive. Kroger is currently a substantial supplier of organic foods, and its competition, Whole Foods, has not seen a significant drop in the prices of their goods, despite the acquisition.
Jeff Yastine also recommends looking into eBay, as the auction site is very well-established with a variety of buyers and sellers, and it currently sits near the top among online auction sites. These factors have already put eBay in the position to supplant Amazon in several sectors regarding the retail market, and if a company such as Google were to acquire it, it would form a very potent combination.
The last company on Jeff Yastine’s list of companies to consider investing in is W.W. Grainger, which despite a one-third drop in stock value, already has the infrastructure to provide substantial assets for any company looking to acquire it. Owning its own distribution and storage facilities throughout the United States provides a major benefit for a retailer in prime position to compete with Amazon. Regardless of if a major company chooses to acquire eBay, Kroger, or Grainger, these stocks could still bring an investor significant gains as they already generate notable profits.
More info here:https://jeffyastineguru.com/