US Retailers Surviving the Age of Amazon

While many believe that old-fashioned US retail stocks are being killed by Amazon, The Scottish Investment Trust's Alasdair McKinnon is betting on their survival

David Brenchley 10 September, 2018 | 1:48PM
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Macy's store, Macy's share price, Manhattan, US stocks, Amazon share price, retailers

As investors continue to get seduced by the astonishing growth rates of the FAANGs, opportunities are increasingly popping up in areas many have long pronounced as dead, particularly retail, according to Alasdair McKinnon, manager of The Scottish Investment Trust (SCIN).

Apple (AAPL) and Amazon (AMZN) recently became the first two companies to break through the $1 trillion market cap barrier, and NASDAQ, the tech-heavy US index, continues to well outpace all other global indices.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Amazon.com Inc3,626.39 USD-1.98Rating
Apple Inc146.77 USD-1.49Rating
Gap Inc29.24 USD-2.53Rating
Macy's Inc17.04 USD-2.35Rating
Marks & Spencer Group PLC141.20 GBX-1.02Rating
Scottish Investment Trust Ord757.00 GBX-0.79Rating
Target Corp258.36 USD-0.96Rating
Tesco PLC234.40 GBX0.86Rating

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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