Andrew Goins, Investment Manager
On this week’s podcast (recorded June 26, 2017), Andrew discusses the impact of Amazon’s acquisition of Whole Foods.
- The announcement of Amazon’s $13.7B acquisition of Whole Foods last Friday resulted in significant declines across most of the grocery retailers, as investors grapple with how this merger will impact the grocery industry.
- Although the money managers we work with don’t make investments based on a thesis that the company will likely be acquired, Amazon’s recent purchase of Whole Foods has resulted in speculation around who their next target will be.
- While Amazon is just one company and won’t take over the entire world, it is clearly a disruptor and shouldn’t be ignored.
For Andrew’s full insights, click here to listen to the audio recording.
This is not a recommendation for Amazon or Whole Foods, these securities are shown for illustrative purposes only.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.