Investing Excerpt Jeff Yastine Finds Value In Amazon’s Competitors
In the world of investing and e-commerce, Amazon has become the 800-pound gorilla in the room. With outsized market gains and a total domination of the e-commerce space, many people would not consider investing in any other online retailer. Investing expert, Jeff Yastine, however actually sees some opportunities in those who do battle with Amazon.
In a recent blog post, Mr. Yastine believes that 2018 is the year that Amazon competitor’s merge in order to compete with the online giant. One company, in particular, is eBay which is seen as a possible takeover target by Google’s parent company Alphabet. Another possible buyout target could be Kroger. Ever since Amazon purchased Whole Foods, online companies are looking for a way to break into the grocery space. And Kroger has a large enough retail presence with 3,000 stores across the United States.
The third takeover target, according to Jeff Yastine, is W.W. Grainger Inc. The industrial supplier may not seem like an obvious choice. However, Mr. Yastine believes that W.W. Grainger’s large network of warehouses can help online companies compete with Amazon’s incredible distribution reach.
Jess Yastine believes that all three companies are attractive takeover targets because they are all profitable, well-run organizations. And Mr. Yastine believes that each of these three companies perfectly fills a need required by Amazon’s top competitors. Mr. Yastine believes that at least one of these companies will be taken over by a large online company, or a company that sees Amazon as a threat, within the next 12 months.
Jeff Yastine is best known as a former anchor as well as a former correspondent for the PBS Nightly Business Report. For almost two decades, Jess Yastine reported on major business and financial news stories from the tech bull run of the 1990s to the housing crisis of 2008. Other major stories covered by Mr. Yastine include the Deep Water Horizon oil spill disaster and the financial fallout from Hurricane Katrina in 2005.
Today, Mr. Yastine is the editor of the financial and investing newsletter Total Wealth Insider. Published by Banyan Hill, Total Wealth Insider provides weekly insights into the financial and investment markets. In addition to his own newsletter, Mr. Yastine also contributes content to other Banyan Hill published newsletters including Winning Investor Daily and Sovereign Investor Daily.
To know more, Visit:https://www.investmentu.com/investment-experts/jeff-yastine