Amazon Wants to Dominate This $568 Billion Market

Reuters is reporting that Amazon.com (NASDAQ: AMZN  ) may be expanding its AmazonFresh service, which delivers fresh groceries in the Seattle area with its own fleet of trucks. Allegedly, after five years of perfecting the service, Amazon is planning to enter Los Angeles and San Francisco by year-end and will eventually make its way into 20 markets. With Amazon's scale and logistical expertise, it's the type of company that could potentially disrupt the $568 billion U.S. grocery industry. In this video, Fool contributor Steve Heller weighs in on what it could mean for Amazon investors and what it could mean for Costco (NASDAQ: COST  ) .

Everyone knows Amazon is the king of the retail world right now, but at its sky-high valuation, most investors are worried it's the company's share price that will get knocked down instead of competitors'. The Motley Fool's premium report will tell you what's driving the company's growth, and fill you in on reasons to buy and reasons to sell Amazon. The report also has you covered with a full year of free analyst updates to keep you informed as the company's story changes, so click here now to read more.


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