its not a good idea to buy AMZN now

BobbyLopez
2021-08-12

Amazon's stock will probably continue to fall and move sideways for awhile until they can prove that AWS and their new business ventures can pick up more steam. Still not a horrible time to buy though. Their PE ratio is very high, but still low compared to where Amazon's has been in the past.

Therefore, investors should continue to wait and see the trend of AMZN, don't be afraid of high P / E ratio, and trade decisively until the appropriate price$Amazon.com(AMZN)$

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