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Capable-Chicken-6878 t1_j24l6m9 wrote

Amazon is gonna fall just like Tesla. Their PE ratio is way too high...

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Adossi OP t1_j24sfur wrote

Maybe if Bezos buys an unprofitable social media company and sells shares to cover the cost then fires 75% of staff all the while Amazon delivery trucks are running over pedestrians and bursting into flames trapping the drivers inside

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Invest0rnoob1 t1_j25fqkk wrote

You forgot crazy Q ramblings and saying poo poo pee pee.

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Capable-Chicken-6878 t1_j24tsq6 wrote

What is your DD based on why Amazon should be trading at 90 or 100 PE? Where is this crazy growth coming from? All the headlines you've been reading, do you see Amazon growing or slowing down?

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Legejr t1_j26be0v wrote

I think your only DD is googling "amazon stock" and seeeing 90 P/E rofl.

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soareyousaying t1_j252y04 wrote

Not OP, and I don't have DD, but AMZN is a very diversified company. It isn't just an e-commerce company. It's also a grocery store, a newspaper, connected homes, cloud business, have its own branded products, AI, etc.

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Shakedaddy4x t1_j25cz7d wrote

This is true. But it's already huge. It's high growth days are behind it.

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cl0wn_w0rld t1_j25z22y wrote

while i basically agree, people said the same thing years ago and then they added tons more.

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Shakedaddy4x t1_j2898jc wrote

I don't know what chart you're looking at but the Amazon stock itself has been flat to down for the past couple of years

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