Stocks

Blue Apron: A Recipe for Disaster

By Shah Gilani, Capital Wave Strategist, Money Morning • Wednesday, July 19, 2017

Blue Apron Holdings, the meal-kit delivery company named for the uniform that apprentice chefs wear in France, is seeing red, as in huge losses.

But it gets worse. Blue Apron's stock, which just debuted on June 28, is losing ground even faster than the company's losing subscribers.

Initially founded in 2012, Blue Apron's business model of delivering prepackaged ingredients and recipes to subscribers' doorsteps for them to prepare at home sounded sexy.

The theory was sound. Talk of how the smart business model would disrupt traditional grocery shopping and pose a new challenge to restaurant businesses drew a lot of attention and garnered the young Blue Apron some neat headlines.

But there are headlines, and then there's the story.

Here's how Blue Apron doomed itself and what makes it a really bad investment...

Before You Sell Amazon or Short It, Read This First

Doug Kass made headlines after claiming D.C. has begun antitrust talks on Amazon. Not surprisingly, Chief Investment Strategist Keith Fitz-Gerald got a blizzard of emails from investors asking if they should be selling or even shorting AMZN. He has but one reply: not unless you like handing over your money to line someone else's pocket.

Here's how to play AMZN now...

Stocks

Every Stock on This List Will Triple the S&P 500's Returns

At Money Morning, our team of 11 investing and market experts use their nearly 300 years of experience to help make your investing profitable. And because we're always willing to put our editors' research against Wall Street's best, you're about to see how their top picks have crushed the S&P 500's returns over the same time frame.

Here are three of the best...