Reported 2 months ago
Amid a recent stock market sell-off, Amazon's shares have fallen 20% from their peak, creating a potential buying opportunity for investors. Despite concerns over slowing growth and a weak jobs report, Amazon's earnings show a significant operating income increase, driven largely by its profitable AWS segment, which is poised to benefit from the AI boom. Currently, Amazon is undervalued based on price-to-sales and cash flow ratios, making it an attractive option for long-term investors.
Source: YAHOO