The stock is tremendously overvalued, no value investor would ever buy AMZN. The assumptions needed to justify its current price are absurd. The bull case of "t

The stock is tremendously overvalued, no value investor would ever buy AMZN. The assumptions needed to justify its current price are absurd. The bull case of "they'll put their competitors out of business and then raise prices" is one of the most shallow analyses of a company I've heard and just highlights that person's lack of business insight. The quote from Horace Dediu is correct, AMZN isn't going to be able to raise margins without costing it revenue growth, they're stuck as a low-cost retailer or they risk their customers going elsewhere. EDIT: I anticipate people getting hung-up on "value investor" because clearly AMZN is a "growth" company! Growth is always a function in assessing value, and sophisticated value investors know this. The popular convention of labeling something 'growth stock' or 'value stock' does the greater investing public a disservice.