In fact, Costco claims to have 60 warehouses that exceeded $250 million in annual sales, Investopedia reports. Additionally, Costco claims to have two warehouses that generate annual sales of $400 million.Read more
Microsoft is a far better candidate for FAANG membership than Netflix.Read more
Discount department store operator TJX’s share price grew by 0.37%; or 22₵, to $59.39 by midday on 25 November 2019. Discount legend Target’s stock went from $110.47 on 19 November 2019 to $125.29 on 25 November 2019. Thus Target shares grew by $14.82 in less than a week.Read more
Some Amazon customers can pay utility bills using Amazon Pay with the help of Fintech firm Paymentus’s Instant Payment Network (IPN), MarketWatch reports. Amazon claims customers in 95% of US ZIP codes could pay utility bills with Amazon Pay by 2020.Read more
Therefore, Clorox is a value trap you need to avoid. I define a value trap as a stock that meets some value criteria but no cash. Hence, that stock could succumb to the death spiral. The death spiral occurs when a company does not generate enough cash to pay its debts.Read more
Thus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.Read more
One of the few ways, Target can fight Amazon is to recruit allies. Predictably, Target is partnering with Disney (NYSE: DIS) for an anti-Amazon offensive.Read more
Essentially, Scout is a box on six wheels that hauls merchandise from a van to your home. An Amazon video shows Scout pulling up to a house and a customer opening the box and retrieving packages. Thus, a good way to think of Scout is as a storage locker on six wheels.Read more
In detail, Ratuken Intelligence estimates Amazon’s share of US ecommerce sales fell from 35.1% in 2017 to 33.7% in 2018. Additionally, Amazon’s share of the US ecommerce market was 28.9% in November 2018. On the other hand, Amazon’s share of America e-commerce rose to 39% during the December 2018 holiday buying frenzy.Read more
Consequently, Amazon could buy Target, Macy’s, Dollar General, or Kroger for cash.
In fact, Jeff Bezos could buy both Dollar General and Macy’s or Kroger and Dollar General at once. Bezos can make such a purchase because Amazon (AMZN) has $41.25 billion in cash.