Amazon.com, Inc. (NASDAQ:AMZN)
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Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
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Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
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For a value investor like myself, this stock is so highly overvalued that it hurts. Price to Book Value for example is above 11 times. This is unbearable and wildly unsustainable.