kroger. >> this stock in the last 12 months up 74%. shocked me actually but this is much more than a 22% gain in the s&p over the last 12 months. you have a lot of good news consolidation happening. that's one of the reasons why the group in this sector have done so well but comps are implying that you need to do 3, 3.5% for the stock to stay where it is. if you look at the valuation you're well above five and ten year averages. comps are tough. you have a generic shift happening, competition. this is one i absolutely agree with. co america on the other hand is one i don't agree with. i think the yield curve is going to bail them out. >> staples? >> it's being priced like a retail internet stock. that's their biggest problem. they had a lot of show me elements to their business and recrafted it to become more of an online business expansion site. at 21 times next year when their five year pe is around 13, it's overdone. it's overdone because they're not going to be able to compete with the structural shift. i don't think they can do it at this valuation. stay away. >> it's not just amazon. it's walmart getting into the game in