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The grocery market generates an estimated $800 billion annually in the U.S.
Amazon (AMZN 1.24%) stock investors could benefit as the company grows into this massive segment. Fool.com contributor and finance professor Parkev Tatevosian explains the secret way Amazon stock could profit from this move.
*Stock prices used were the afternoon prices of May 1, 2023. The video was published on May 3, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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