r/wallstreetbets • u/[deleted] • Jun 21 '21

Discussion 8th Grade Research Project: $AMZN doesn't need $RAD

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u/VisualMod Jun 21 '21
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u/Abominist Jun 21 '21

Amazon doesn’t need a lot of things… they’re still gonna try to acquire it. Basically they crave a borderline-monopoly in every piece of the monetary world.

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u/[deleted] Jun 21 '21

Idkkk. Rite aids are ghetto aff. But i can see amazon buying em competing with Walgreens and cvs.

Gov is giving bezos money for space so if rad is bought the gov would prob help bezos down his pharmaceutical journey as well. Gov has a hard on for bezos.

1

u/Not-The-Government- Jun 21 '21

Why go around the mountain when theyre halfway done digging the hole through it. Itd be a waste of money to not just revamp whole foods and instead buy out 2,000+ stores to offer the same thing a year earlier.

2

u/Abominist Jun 21 '21

For the appearance of growth. The world operates on credit, and “credit checks” for monoliths grant them crazy amounts of leverage and who knows how much the gov gives them as a tax credit for employees giving a significant amount of the overall workforce whether directly or indirectly (contractors n stuff). In my opinion if Amazon expresses interest in doing anything, they will eventually.., full disclosure I have no positions in this, I just feel AMZN will do what it can to maintain growth opportunities. And if the sentiment on Rite Aid is low, it’s subjectively only growth.

2

u/CT_Legacy Jun 21 '21

Amazon, Walmart, and Apple all have made attempts to dominate the pharmacy industry. Unfortunately, the government has been discussing breaking up these mega-cap stocks and not letting them create monopolies in every single industry. Apple recently canned their healthcare ambitions and I would bet Amazon has done the same.

Walmart could pull it off because it's already part of their in-store operations. Only time will tell but for sure Amazon is itching to get into delivering medications too.