Business
Better buy: Amazon vs. Kroger
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
The e-commerce behemoth is clearly a more exciting company than the grocery store chain. On a risk-adjusted basis, however, both Amazon (NASDAQ: AMZN) and Kroger (NYSE: KR) have proven heroic over the course of the past year. The latter’s same-store grocery sales improved 14% in 2020, with the company answering the call by stepping up its online shopping and curbside pickup games. Amazon was of course already prepared for the demands of the pandemic, reporting top-line growth of 38% and nearly doubling the year’s net income. Both companies are expected to continue thriving going forward even if the most frenzied growth is in…
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