Retail

Put Amazon and Walmart in your shopping cart, traders say

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You don’t need to pick and choose just one of these two retailers.

Walmart and Amazon are vying for customer loyalty as they make more pushes into e-commerce.

Walmart will launch its membership program, Walmart+, on Sept. 15. The $35 service will give members unlimited free delivery. Amazon is opening its first online-only Whole Foods, in New York’s Brooklyn borough. The store will be used to fulfill online grocery orders to customers.

Quint Tatro, president of Joule Financial, says stock investors don’t need to leave one of these retail names in the aisle.

“You should own both and you get a pretty good bang for your buck.” Tatro said on CNBC’s “Trading Nation” on Tuesday. “I like…



Source cnbc.com

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