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AMZN: Buy
by rch 16y ago
AMZN: Buy
- sahillavingia 16y agoWhy (in relation to this)? Curious, because I just bought some.
- zackattack 16y agodo you not fear P/E contraction?
- hop 16y agoAMZN's P/E of 65 is historically massive, especially when others like Apple are at 19. You flip 65 upside down to get .0154, or 1.54% if you want to compare it to a bond. Steep price to pay, market must expect them to quadruple or so profit in the near future.