Amazon's (AMZN) stock currently trades at 32 times its estimated earnings, well above the Nasdaq 100's (^NDX) multiple but well below the 10-year estimated...
Amazon stock trades at 32 times estimated earnings which is above the NASDAQ one hundreds multiple but below Amazon 's 10 year average finances, Julie Hyman , Georgia.Yeah, and this chart of the day prompted because it is Amazon prime day or prime days really because it lasts two days here.
Today, we heard from Gil Luria analyst who covers the stock and he talked about sort of the proposition of why people would be looking at Amazon right now. And so we think that's where when they get more credit, that stock will outperform and this at a time where the operating margin for Amazon is projected this year to be around 10%.Looking for TSX stocks that could soar in the second half of 2024? Here are three high quality stocks set for long-term compounding gains. The post Bull Market: 3 TSX Stocks Set to Soar in 2024 appeared first on The Motley Fool Canada.
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