AMZN Amazon valuation is still high! untuk NASDAQ:AMZN oleh TopgOptions

trendanalysis indicator fundamental amazon amzn amznshort amznsetup jeffbezos amzntrade amznsell amazonshort selloff

If you haven`t sold Amazon.com, Inc. (AMZN) at $2891, when you saw the slowest growth since 2001:

AMZN slowest growth since 2001 EPS far below analyst predictions

Then you should know that the 51.89 Price per Earnings ratio is still high compared for example to BABA, Alibaba, who has the same business model, but a P/E of 23.39 - which is still high, btw. Should be around 18 in my opinion.

So my price target for AMZN is $1900.

Looking forward to read your opinion about it.

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