$Amazon.com(AMZN)$ Oh my gosh,

2023-11-28

$Amazon.com(AMZN)$ Oh my gosh, can you believe what's happening with Amazon's stock? I mean, in 2018, their net sales were rocking a 30.9% growth, and the PE ratio was around 38. Fast forward to 2023, and it's like, whoa, the PE is averaging a whopping 72! That's insane, right? I mean, a 10% growth rate is cool, but this has got to be the most overvalued Big Tech stock in the history of the market. listen to Cramer, over Buffett and Bezos/Insiders all mass dumping.

Bearish moves at $148.91 for AMZN and e-commerce peers surged on reports of robust Black Friday spending and a promising start to the holiday season. Amazon stock closed strong on Cyber Monday. I don't know about you, but I'm getting major bearish vibes for AMZN.

US Stocks Opportunities

Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":246256812843128,"tweetId":"246256812843128","gmtCreate":1701158326999,"gmtModify":1701158332309,"author":{"id":9000000000000648,"authorId":9000000000000648,"authorIdStr":"9000000000000648","name":"ColinThorndike","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"84ac2c57901b463da0573a608cc0b2a5","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"US Stocks Opportunities","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":84ac2c57901b463da0573a608cc0b2a5}&rnconfig={\"headerBarHidden\": true}","description":"Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!","image":"https://static.tigerbbs.com/09d268d2d1fb9f45eacf5430006f3845"}],"images":[{"img":"https://community-static.tradeup.com/news/01ade9903da4b1a003cd65d58e8f2635","width":"2940","height":"1838"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/01ade9903da4b1a003cd65d58e8f2635","width":"2940","height":"1838"}],"html":"<html><head></head><body> <a data-mention-id=\"AMZN\" class=\"teditor-mention\" data-mention-name=\"Amazon.com\" href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a> <v-v data-views=\"0\"></v-v>Oh my gosh, can you believe what's happening with Amazon's stock? I mean, in 2018, their net sales were rocking a 30.9% growth, and the PE ratio was around 38. Fast forward to 2023, and it's like, whoa, the PE is averaging a whopping 72! That's insane, right? I mean, a 10% growth rate is cool, but this has got to be the most overvalued Big Tech stock in the history of the market. listen to Cramer, over Buffett and Bezos/Insiders all mass dumping. Bearish moves at $148.91 for AMZN and e-commerce peers surged on reports of robust Black Friday spending and a promising start to the holiday season. Amazon stock closed strong on Cyber Monday. I don't know about you, but I'm getting major bearish vibes for AMZN.<img src=\"https://community-static.tradeup.com/news/01ade9903da4b1a003cd65d58e8f2635\" tg-width=\"2940\" tg-height=\"1838\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"AMZN\" class=\"teditor-mention\" data-mention-name=\"Amazon.com\" href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a> <v-v data-views=\"0\"></v-v>Oh my gosh, can you believe what's happening with Amazon's stock? I mean, in 2018, their net sales were rocking a 30.9% growth, and the PE ratio was around 38. Fast forward to 2023, and it's like, whoa, the PE is averaging a whopping 72! That's insane, right? I mean, a 10% growth rate is cool, but this has got to be the most overvalued Big Tech stock in the history of the market. listen to Cramer, over Buffett and Bezos/Insiders all mass dumping. Bearish moves at $148.91 for AMZN and e-commerce peers surged on reports of robust Black Friday spending and a promising start to the holiday season. Amazon stock closed strong on Cyber Monday. I don't know about you, but I'm getting major bearish vibes for AMZN.<img src=\"https://community-static.tradeup.com/news/01ade9903da4b1a003cd65d58e8f2635\" tg-width=\"2940\" tg-height=\"1838\"></body></html>","text":"$Amazon.com(AMZN)$ Oh my gosh, can you believe what's happening with Amazon's stock? I mean, in 2018, their net sales were rocking a 30.9% growth, and the PE ratio was around 38. Fast forward to 2023, and it's like, whoa, the PE is averaging a whopping 72! That's insane, right? I mean, a 10% growth rate is cool, but this has got to be the most overvalued Big Tech stock in the history of the market. listen to Cramer, over Buffett and Bezos/Insiders all mass dumping. Bearish moves at $148.91 for AMZN and e-commerce peers surged on reports of robust Black Friday spending and a promising start to the holiday season. Amazon stock closed strong on Cyber Monday. I don't know about you, but I'm getting major bearish vibes for AMZN.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/246256812843128","repostId":0,"isVote":1,"tweetType":1,"viewCount":84,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AMZN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":604,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/246256812843128"}