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User Info Walmart Spikes, Is Amazon Doomed?; entered at 2017-10-12 10:12:13
Themortgagedude
Posts: 10327
Registered: 2007-12-17 saint louis
I don't think they can out "Amazon" Amazon. But all they have to do is to be an alternative to Amazon. Amazon makes nothing without web services as it is. If they have to compete going forward they'll lose more than they currently do. Walmart is swimming in cash. I have for a while said a good trade would be to short Amazon and go long Walmart. That would have gotten my ass kicked for a long time now. But I still agree with the philosophy.
2017-10-12 10:12:13