Reported 5 days ago
Amazon.com Inc. shares are being viewed as a bargain, particularly in contrast to other major companies like Apple and Walmart, due to a recent decline in its stock price and strong long-term earnings growth expectations. Currently trading at about 27 times estimated future earnings—approximately half its 10-year average—Amazon's valuation has decreased, making it more appealing amid a broader market selloff. Analysts maintain a highly positive outlook on Amazon's e-commerce and cloud sectors, with over 95% recommending the stock, though concerns about economic uncertainty and AI investments may cloud its near-term prospects.
Source: YAHOO