NasdaqGS:AMZNMultiline Retail
Reassessing Amazon.com (AMZN) After 121% Three Year Rally And Recent Share Price Pullback
If you are wondering whether Amazon.com is still a reasonable entry at around US$209.97, the key question is whether the current price reflects its underlying business value.
After a 121.3% return over 3 years but a 13.6% decline over the past 30 days and a 7.3% decline year to date, some investors are reassessing both the growth potential and the level of risk they are taking on with Amazon.com.
Recent news flow around Amazon.com has continued to focus on its role as a large e commerce and...