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3 "Amazoned" Retail Stocks I'd Hate to Buy [The Motley Fool]

FOOT LOCKER (FL)  More Company Research Source: The Motley Fool
Last foot locker earnings: 3/2 06:45 am Check Earnings Report
PDF Foot Locker, Kroger, and Macy’s look cheap, but they’re all sitting in Amazon.com’s blast zone. Being Amazoned means that  Amazon.com 's ( NASDAQ:AMZN ) ever-expanding e-commerce ecosystem is steamrolling a company. That list is growing by the day, with sluggish brick-and-mortar traffic forcing companies to shutter stores and make dramatic strategic shifts to remain relevant. Many Amazoned retailers might look like contrarian buys, with low valuations and high dividends, but investors should exercise caution with these hated stocks. Let's examine three Amazoned retailers I'd definitely avoid -- Foot Locker ( NYSE:FL ) , Kroger ( NYSE:KR ) , and Macy's ( NYSE:M ) . Image source: Getty Images. Foot Locker Shares of Foot Locker plunged 28% on Aug. 18, after the footwear and apparel retailer reported weak second-quarter numbers that missed expectations. Revenue fell 4.5% annually to $1.7 billion, missing estimates by $100 million. Comparable-st [Read more]

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