If there is one thing that is true about Jeff Yastine, it would be the fact that he is all about helping people with their investments. He realizes that Amazon stock is a real hot commodity right now, but as a strategist, he knows there are actually a number of stocks that will out-do Amazon and leave his clients with a much fatter portfolio than going the traditional Amazon route. Consider just the following three examples: View:https://www.linkedin.com/in/jeffyastine
The first stock that Yastine recommends investors take a second look at would be Kroger. This is because Amazon recently purchased the Supermarket retail giant Whole Foods, and investors everywhere are looking for a company that would be able to compete with this powerhouse. Early on, Yastine had warned that Amazon’s merger with Whole Foods was going to cause problems, and he was, in fact, right. The quality of Whole Foods products has declined, and priced have not dropped very much. Considering the fact that Kroger is going to add automated checkouts by the end of this year, their overhead will be able to compete against Whole Foods. These reasons are why Jeff Yastine believes the time is now to purchase Kroger stock.
Mr. Yastine also believes that investors should give Ebay a second look as well, especially if a large retailer merges with it. He said that one example he can think of would be Google. If they bought a major retailer such as Ebay, they would immediately become a major player and could probably even outpace Amazon in many different areas.
This one might be a bit surprising, but Mr. Yastine recommends purchasing stock in W.W. Grainger. Radio enthusiasts are well-acquainted with some of the advertisements of this company, and the fact they mainly sell office products, safety equipment, janitorial supplies, and shelves. The company’s stock is also not hard to forget, with GWW flashing across the ticker. So why Grainger? Simple really. If a retailer wants to compete with Amazon, they are going to need some of the infrastructure products that Grainger provides.
This would seem to be the recurrent advice regarding Yastine’s current investment options: purchase companies that are ripe for a merger. By doing this, you will be able to see your investments go up significantly. And even if these companies do not merge with anyone, they are still good companies to own. Jeff Bezos had better watch out! Read this article at stockgumshoe.com