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Jeff Yastine Looks At Amazon’s Purchase Of Whole Foods

Jeff Yastine is a financial writer, editor, and anchor who began working for Banny Hill Publishing in 2016. Jeff Yastine has over twenty years of experience in business media with him being Emmy nominated twice for business reporting. He has interviewed cornerstones of the financial world including major hedge fund managers and financial journalists.

Jeff Yastine currently works as the editor of the weekly column Total Wealth Insider. This newsletter picks stocks that most analysts pay little attention to with the goal of helping investors make money by not following market trends. Jeff Yastine specializes in picking turn-around stocks from major companies. These companies have a stable financial history that makes them safe bets. He is also skilled at picking small market cap stocks. These stocks are often neglected as investors assume that they will not be able to make huge amounts of money from these stock picks. Jeff Yastine is able to pick small market cap stocks that will increase in value allowing for safe and generous returns. Read more about Jeff Yastine at Bloomberg

Jeff Yastine demonstrated the thought he puts into investing in a recent article about Amazon’s acquisition of Whole Foods. This acquisition was initially heralded as a major business move that would shake up both the online and establishment based retail industries. It caused Amazon’s stock price to jump, traditional retailer’s stock price to plummet, and many people predicted that this was the start of Amazon’s takeover of the entire retail industry. Jeff Yastine predicted that this acquisition would not be as successful as many people thought. The first problem was that Amazon is generally not a food retailer, which means that it would have difficulty selling its products to Whole Food shoppers. In addition, most of these shoppers were already dedicated Amazon shoppers. This meant that Amazon’s purchase did little to increase its overall customer base. This resulted in a situation where Amazon slashed prices on a company with a high overhead business model. Customers quickly began to notice that many of Whole Food’s products were no longer as good as they used to be. This was bad for a company that built its place in the market on high quality specialty groceries. Finally, Jeff Yastine points out that this merger did little to compete with Amazon’s major competitor Wal-Mart. His ultimate conclusion is that the merger slightly over inflated Amazon’s stock price but did little to make it a stronger company.

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