Amazon at 26x Earnings Is the Most Obvious Buy in This Market
Amazon's 22% drawdown has compressed the stock to its cheapest forward P/E in nearly a decade. The $200 billion capex plan is not reckless spending; it is a supply-side response to $244 billion in contracted AWS backlog. At 26x earnings with every segment accelerating, this is one of the clearest large-cap setups in the market.
By Marcus Cole · 5 min read