70 P/E for 11% growth (which is a result of inflation- item prices rising rather than unit growth) 😂🤣😂🤣 oh but Amazon spends on R&D (other companies don’t) and will just raise prices and make trillions (so why didn’t they do it in the last couple of years if it’s so easy?). And $70 billion in debt is nothing even when interest rates are rising.. and FTC lawsuit and breakup is a walk in the park.. because AMZN is our largest banking customer so we must always pump it..
Amazon should have grown into it's PE by now. Been public for 25 yrs. Anyone tells you 80+PE is fine full of it. This stock will be rocked by recession more than any other Megacap. The Dollar stores are having issues, people running out money, credit defaults ATH. $Amazon.com(AMZN)$
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.
- Danielng·2023-09-19yup. I am buyingLikeReport