Jayden Preston July 2, 2017

Kroger (NYSE:KR): A Little Too Hard

On 16 June 2017, Amazon announced a $13.7 billion acquisition of Whole Foods. The announcement then engendered meaningful declines in stock prices of major grocers/supermarkets, not just in the US but also in Europe. Kroger, in particular, dropped as much as 17% that day. This brings its YTD performance to -31% as of 29th June 2017. Below, we take a brief look at Kroger to see if it is now the right time to consider an investment in it.   Introduction Founded in 1883, Kroger...

This content is for Regular Membership and Annual Membership members only. Please login or register to view our content.
Log In Register