Too Much Buyback of Kroger Co Stock Is Shortsighted at Best

Since Amazon.com, Inc. (NASDAQ:AMZN) announced it was buying Whole Foods on June 16, 2017, AMZN stock is up 62% through March 20. On a relative basis, Kroger shareholders have got to be kicking themselves for not getting on the Amazon bandwagon. If you?re still holding Kroger stock, the big question is whether management should be buying back its stock at distressed prices or putting it to use in some other fashion?