rotisserie roasted chicken
Costco’s $4.99 rotisserie chicken is symbolic of its price leadership in the industry, Cowen said.

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Amazon spread its reach further into the retail industry on Friday when it announced its jaw-dropping acquisition of Whole Foods for $13.7 billion.

The market’s instant reaction — Amazon’s shares rallied while its competitors tumbled — sent a clear message: Investors are bullish on Amazon’s success in the delicate business of fresh-food delivery, and they’re worried about its impact on established grocers like Target and Walmart.

But at least seven retail companies’ stocks are “un-Amazon-able,” according to Oliver Chen, a senior equity research analyst at Cowen:

“Taking a step back in the sector at large, we continue to believe investors will have more defense vs. AMZN’s domination if they follow our Super Stock theory – we think deep value companies or luxury goods companies are more Un-Amazon-Able and less vulnerable to share losses vs. Amazon.

“In our view, Un-Amazon-Able qualities include at S uper-Value retailers Costco, Walmart, Ross Stores, TJX or…