10 Companies That Would Love It If President Trump Goes After Amazon

Print Email

> Market cap: $8.9 billion

Macy’s Inc. (NYSE: M) is now smaller than rival Kohl’s Corp. (NYSE: KSS), but the mall-based department store chain’s shares have beaten up its investors far more. Macy’s still needs to improve its lineup and feel of the stores, with or without Amazon being targeted. Still, its shares were up 4.4% at $29.08 on Wednesday. That may not look too bad against a 52-week trading range of $17.41 to $31.04, but Macy’s was a $69 stock back in mid-2015. Kohl’s shares were also up 3% at $64.71.

> Market cap: $288 million

Sears Holdings Corp. (NASDAQ: SHLD) is far smaller in market cap than it used to be, and its stock valuation understates its former glory days by a major scale. Sears and Kmart more or less epitomize the message of failed brick-and-mortar retailers with too many closures to even measure, far worse than the likes of J.C. Penney and other large retailers. Sears’ stock is only at $2.72 now, but that is up almost 9% on the day alone. This low price is not even 24% of the 52-week high of $14.32, and we don’t need to remind investors that this used to be well over $100 nor that Sears used to be one of the best retailers of past generations. Investors should still consider this one thing: even if Amazon somehow closed up shop and vanished, which no one at all is calling for nor predicting, it might not be enough to save Sears and Kmart.

Simon Property Group
> Market cap: $55 billion

Simon Property Group Inc. (NYSE: SPG) also would love to see Amazon get pressured. After all, Simon is the REIT owner of many of the nation’s top shopping malls, as well as dining, entertainment and mixed-use destinations. Simon Property’s operates many of the top malls in the nation, and it owns many dozens of malls and destinations. It even still has a 5% dividend yield. Simon Property shares were last seen up 2.2% at $153.85, but that is down over 12% from the 52-week high of $176.17, and it’s still down over 30% from the mid-2016 high of $227 or so.

> Market cap: $38 billion

Target Corp. (NYSE: TGT) may have been rumored to be a potential Amazon takeover target. The analyst report that caused the story to become so widespread has been debated by many investors, but what is not debatable is that Target has had a hard time getting its grocery sales and other sales trends remaining in place. And despite a big gain on this report, Target still would have to recover another 10% to hit its all-time highs. Target shares were last seen up 3.6% at $70.99.

> Market cap: $66 billion

Walgreens Boots Alliance Inc. (NASDAQ: WBA) has been challenged in the age of Amazon, the rise of pharmacy competition and the combined combination into health care insurance and medical services. With Amazon getting into health care initiatives, Walgreens and other pharmacies would love if their fiefdoms were better protected. Walgreens shares were last seen up 0.9% at $66.60, but that is down 25% from its 52-week high of $89.69 and still down over 30% from its high of $96 or so back in mid-2015.

> Market cap: $259 billion

Walmart Inc. (NYSE: WMT) is the world’s largest brick-and-mortar retailer, and it has so far changed its offerings handily over time. It also has pursued an e-commerce and customer service strategy that has had mixed reviews. Walmart has directly targeted Amazon and is deemed one of the few companies ultimately strong enough to withstand the Amazon threat. That said, its stock, even with a 1.7% rise to $87.50 on Wednesday, was last seen down a sharp 20% from its recent all-time high of $109.98.

I'm interested in the Newsletter