Shoppers turn to Amazon for fresh produce and seafood, helping it take market share from supermarkets

Impact · against what's priced in

The news of Amazon's growth in fresh produce is a modest positive catalyst as it provides empirical evidence for the revenue acceleration the market is currently refusing to price in. For Walmart, the shift in high-income shopper behavior marginally reinforces the consumer weakness already reflected in its current valuation.

AMZN+0.20

Challenges what's priced in

The price assumes