Amazon.com, Inc. (AMZN) is down 15% year-to-date, and is trading around $333. Bidness Etc believes the current scenario presents a great opportunity to buy into the e-commerce giant at a discount. The company has a market cap of more than $146 billion, and its stock is currently trading at forward price-to-earnings (P/E) multiple of 320x, and a forward price-to-sales (P/S) multiple of 1.5x. Analysts expect the company to deliver long-term earnings per share (EPS) growth of 41%.
Amazon.com, Inc. (AMZN) is down 15% year-to-date, and is trading around $333. Bidness Etc believes the current scenario presents a great opportunity to buy into the e-commerce giant at a discount. The company has a market cap of more than $146 billion, and its stock is currently trading at forward price-to-earnings (P/E) multiple of 320x, and a forward price-to-sales (P/S) multiple of 1.5x. Analysts expect the company to deliver long-term earnings per share (EPS) growth of 41%.
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