Jeff Yastines Recommendation of Companies in the Retail Sector

Jeff Yastine, the well-known investment advisor and an editor of the renowned Banyan Hill Publishing, is known for analyzing the companies in various sectors including its growth prospects and giving accurate judgment to help the investors. Recently, he provided his recommendations in the retail space that are expected to give fruitful results by competing with Amazon – the dominant player in the industry. Yastine thinks that more mergers and acquisitions are expected this year considering the technology players try to pitch into the industry. In that sense, eBay is a worthy investment according to him. Yastine says that Google may acquire eBay in an attempt establish retail arm to compete for the selling power of Amazon.

The large network of fulfillment centers or warehouses of eBay can give an excellent start to Google when it is foraying to the online retail industry. Jeff Yastine thinks Kroger Co is another great choice for the investors. The stock price of the grocery chain has gone down by 35% since its last year’s peak. It has made some investors panic about the firm as Amazon recently purchased Whole Foods and started offering grocery delivery is some selected cities. Jeff Yastine thinks that the worries of investors are overblown as there are over 3,000 stores of Kroger in the country and company has some powerful marketing tactics.

Recently, the retailer also announced an innovative cashier-free technology in its stores, which reduces the dependability of manpower in checkouts. Grainger is another pick of Yastine, and it supplies office duties, cleaning, storage, and more. It has a large number of client base across industries, and stock of the company was significantly down last year. But, according to Jeff Yastine, the supplier has large distribution network and warehouses. He also thinks that the assets of Kroger are an ideal choice for any company which wanted to improve its capabilities to fight with Amazon.

Jeff Yastine joined Banyan Hill in the year 2015 and took charge of the editor of its prominent investment advisory newsletter, Total Wealth Insider. He also regularly contributes to other publications of Banyan Hill. Yastine has the expertise of more than two decades that includes financial journalist, stock market investor, investment advisor, and more. He was the anchor of the renowned business program, Nightly Business Report from PBS during the period 1994-2000. It helped him to be nominated for Emmy Awards for the anchor, and during those years, Yastine got the opportunity to interview many industry stalwarts including Richard Branson, Warren Buffet, and Michael Dell. Read more:https://www.investmentu.com/investment-experts/jeff-yastine