This is projected by many to be a big area for growth in the grocery business. Some estimates say it will more than triple from a $14B industry last year to a $40B industry by 2021. Is there an investment opportunity here? Perhaps consumers will just shift from in-store shopping to online and there won't be a big change, but there must be a way to get in on the action with grocery delivery. I'm hesitant to invest in Amazon, Kroger, Walmart etc. who are leading this charge because there are so many other factors that influence their stock price. Any thoughts on a company/stock that will reap the benefits of a transition to online grocery ordering and delivery?
Submitted July 19, 2018 at 11:52AM by djonthefritz https://ift.tt/2msSIGA
No comments:
Post a Comment