Amazon's Stock Has Rarely Been This Cheap. Here's Why 1 Analyst Thinks It Could Soar by More Than 50%. | The Motley Fool
Briefly

The current stock market correction has significantly impacted Amazon, with shares down nearly 20% from their peak, making them one of the cheapest based on the P/E ratio in two decades. This low valuation may present a lucrative opportunity for investors. While Amazon's e-commerce business remains its primary revenue driver, the much more profitable segments of advertising and Amazon Web Services (AWS) contribute significantly to profits. In Q4, advertising revenue surged by 18% year-over-year, further underscoring the company's financial strength beyond low-margin e-commerce sales.
Amazon's stock is down nearly 20% from its all-time high, presenting a prime opportunity for investors as its valuation is at a two-decade low.
While Amazon's e-commerce platform is the most visible segment, its ad revenue and AWS are generating much higher profits, making the company more attractive.
Read at The Motley Fool
[
|
]