Amazon's $1 Billion Acquisition of Ring Should Terrify These 2 Retailers

Amazon's big acquisition of digital doorbell maker Ring should scare several big box retailers. Here is why.
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Action Alerts Plus holding Amazon (AMZN) - Get Report will now own digital doorbell maker Ring. And to be blunt, Home Depot (HD) - Get Report and Best Buy (BBY) - Get Report should be terrified. Meanwhile, new Fed chair Jerome Powell has been no friend of the stock market. 

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