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drawnwren
31 days ago
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Amazon cuts 16k jobs
when you consider AMZN's p/e ratio is under 35 and WMT is closer to 45, what makes you think this?
boh
31 days ago
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P/E isn't a future projection. There is literally no analysis that asserts Amazon will achieve the same growth rate in the future that it achieved in the past. It will retain stock value by eating itself for a while (could be a long time), then die.
drawnwren
31 days ago
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But it’s priced at a growth rate less than Walmart’s. That’s hardly an extreme growth outlier.
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