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This is a "story" on USA Today that is actually an advertisement pretending to be a story from the Motley Fool hoping that people will click on the link to get a free report. Your free report will offer you a sign up to the Motley Fool Stock Adviser site and you will get a deal, as it normally cost $199 for a yearly subscription but by getting the free report your subscription will cost $99 for the year.
I like reading the Motley Fool. They are entertaining and seem to offer good advice. I have not considered joining the Stock Adviser program that they offer. I am sure that you will find some awesome advice by joining.
We have no idea if any of these people have invested in the company they want us to pay money to find out about.
As far as companies coming and going. It happens all the time.
When I was a kid American Motors was the 4th largest Automobile manufacture in the United States. That company came about as Nash-Kelvinator merged with Hudson. (Realize we could go back further as Nash-Kelvinator was a merger from the 30's and both N-K and Hudson swallowed up other car companies from earlier eras. Hudson had acquired the Essex Car company with Essex producing the Terraplane up till 1938.
Eventually American Motors was bought out by Chrysler Corporation, with all that was left of the company was the Eagle brand of cars and Jeep.
Chrysler was merged into Daimler Benz for a while and now as part of Fiat. Fiat is going to stop producing Chrysler named cars within a couple years. The pickup truck line that Dodge was so proud of has been changed to the Ram division. The two remaining strengths from the old Chrysler company are the Truck division and Jeep. Which is funny as Jeep has been the one constant with all these companies, at least since the 1940's when Willy's Overland won the contract to build the Jeep.
The idea is that change happens. You either move with the changes or stop moving altogether.
Jeff Bezos just shocked Amazon investors to the core with this dire statement:
If investors were shocked by that they are morons. Every company will eventually be obsolete one day.
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