|Bid||55.04 x 700|
|Ask||55.05 x 200|
|Day's Range||53.94 - 55.26|
|52 Week Range||31.97 - 61.95|
|PE Ratio (TTM)||14.80|
|Dividend & Yield||1.24 (2.29%)|
|1y Target Est||N/A|
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Last month, Amazon shocked the retail world with its bid for high-end grocer Whole Foods Market, Inc. (NASDAQ:WFM) for $42 a share. The decision to buy Whole Foods shows that it is willing to bring the fight to traditional retailers in a whole new way. Stocks of dozens of companies, including rival groceries, big box retailers, mall operators, and packaged foods companies all slumped following the announcement.
For Freddy Krueger, it was A Nightmare on Elm Street 3: Dream Warriors, when teenagers were taught to battle the killer in their sleep. This year, retailers once thought immune to the impact, including auto-parts sellers such as O’Reilly Automotive (ORLY) and Advance Auto Parts (AAP), followed suit. Best Buy, in particular, looks attractive after Thursday’s carnage It isn’t that concerns about Amazon.com are unwarranted.