Amazon's A Momentum Darling; Here's 12 Reasons That Momentum May End
by David White
Amazon.com (AMZN) has a largely deserved reputation for being "the" online marketplace. It earned this reputation many years ago and since then it has been a Wall Street darling. It has been designated a "momentum" stock and its value has been run up beyond all reason. Its FPE is 75, and that number is highly questionable. It now trades at roughly a 10-fold premium to most of its retail peers. Does any stock deserve this kind of valuation? I would argue that no stock does. As a counter many would argue that AMZN has managed to achieve this over valuation successfully for years. I can argue fundamentals to that, but it is hard to deny the reality of AMZN's over priced history. The only strong argument against that is that AMZN's situation is significantly changing. Below I detail 12 reasons AMZN's situation may be changing for the worse. read more »
Get Seeking Alpha notifications with our iPhone App | Android App | iPad App
More on AMZN
Amazon Earnings: Where To Next For The Online Retail Giant? by Black Coral Research
Amazon.com Near Recent All-Time Highs Ahead Of Q1 Earnings by Selerity Research
Amazon's Digital Media Land Grab: The Kindle TV by Mike Arnold
Other articles that mention AMZN
Wall Street Breakfast: Must-Know News by Wall Street Breakfast
Wal-Mart Partnership With 'Man Of Steel' A Game Changer And Stepping Stone by Chris Katje
Google Removes Beta From GCE And Declares War On Amazon by Andy Batts
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AMZN: unsubscribe from all AMZN email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on AMZN
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment