Will Amazon Drop 30% Like Apple?
Wal-Mart and Target offer online sales and same- and/or next-day delivery is easily offered through current retail stores. Unless Amazon is planning on going mano a mono with larger, more powerful retailers, Wal-Mart, Target and Best Buy (BBY) can sell a product online, have the customer come to pick it up, and maybe sell other products. Amazon isn't in a reported position to conduct retail sales right now.
Bottom line, I believe Amazon is a sub-$200 stock within a year.
At the time of publication the author had no position in any of the stocks mentioned.
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