I have no position in AMZN besides passive index holdings but clearly not "everyone" agrees the stock price is overvalued as many continue to hold onto shares a

I have no position in AMZN besides passive index holdings but clearly not "everyone" agrees the stock price is overvalued as many continue to hold onto shares at the current price. More importantly, in what world does a stock price need to justify a "10% ROI" or it's overvalued? This isn't the 1960s anymore, and even if it was a 10% ROI would not be the equity risk premium, maybe 5-7% ROI. One also needs to adjust for inflation which AMZN does better than Treasuries. Looking at profits and ROI is no longer standard practice for many market participants, particularly in technology it's clear secular N/A dividend and negative P/E are now accepted practices, for better or worse. The price of AMZN may go down, way down, or it might not, but either way your valuation technique is a dangerous one and I am very curious what stocks you do like if you are looking for a 10% ROI?