In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at grocery retailer Albertsons Companies. With more than 2,000 stores, it’s the second-largest supermarket chain in North America after Kroger.
Albertsons announced last week that it’s rolling out “smart carts” in select stores as part of an agreement with Veeve Inc., a retail technology startup led by ex-Amazon engineers.
These carts not only include a scale for weighing and calculating the purchase price of produce, they keep a running tally of the total purchase. They’re even integrated with the store’s loyalty program and allow customers to complete their transaction on the cart itself, completely skipping the checkout line!
This new tech combined with food shortage fears have the bulls coming for the company!
Of course, that’s not the only stock hitting the tape Tuesday. Check out these top trades…
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "Bulls Bet Big on Low-Beta Name as Volatility Runs Wild"
Post a Comment