$AMZN

AMZN gives WBA the boot

Ever since this summer when AMZN kicked the tar out of COST and WMT for buying toney retail space owner WFM, I have been waiting for the next victim.  Meal maker BLUE got thrashed but that was kind of a David and Goliath battle anyway.  WBA is no market pansy but rather a real heavyweight globally in prescription drugs.  It did not matter much as the leader premium got kicked out of WBA in a hurry.

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What, AMZN selling car parts now so ORLY goes to 0?

Actually, I don’t know if AMZN sells car parts.  I know that my small town has several auto parts stores that supply all the mechanics and that ORLY is one of them.  ORLY also sold less than everyone thought they would.  As of today with ORLY the market thinks that business has its best days behind it.  Volvo offering all electric or battery models in a couple of years is not helping the auto parts stores either.

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