“Amazon Stock: The Dangerous Truth About Its Valuation”
AMZN is overvalued at current levels due to inflated earnings from one-off items (adjusted P/E 38x vs reported 21x); wait for a pullback to buy.
Hi, I'm Jimmy. In this video, we're looking at Amazon, ticker symbol AMZN. Now, when I was doing the research for this video, I actually came across an interesting fact. So, first, on the Investors Grow website, you can see here that when we look at the star system, these stars are pretty good.
Three stars is the best, and right now it looks fairly good.