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RE: Cramer says Amazon will 'dominate food within the next two years'

in #amazon8 years ago

Maybe Bezos knows something I don't, but it seems like a bad time to buy whole foods. I don't think there is much appetite for grocery deliveries, at least on a large scale. And as for the buck and mortar stores, well, I think their high prices will drive away cash strapped consumers in the next, soon to arrive recession. Also, Cramer is usually a pretty good contrarian indicator.