$Amazon.com(AMZN)$ AMAZON's P/E ratio remains above 60, although the stock is trading at a 50% discount to its highs. Unfortunately, the stock is unable to compress multiples due to stagnant growth and unsatisfactory performance. I believe this is a good long-term value, but the next 1-2 years could see lower pricing for the stock, especially when the Federal Reserve is raising interest rates and the discount rate on the treasury fund is rising.
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