Is Amazon Finally A Value Stock? 10-Year Low Valuation Says Maybe
A decade ago, Amazon.com Inc (NASDAQ:AMZN) was the textbook definition of a high-growth tech play. Today, it's morphing into something unexpected — a value stock. Track AMZN stock here.Despite a stunning 700% climb from 219 today, Amazon's valuation has compressed to its lowest level in over a decade, with a forward P/E of just 28.5 and a PEG ratio below 2, per Benzinga Pro data.Read Also: Jeff Bezos Calls AI Boom A Bubble — But Says It’s A Good OneThe Growth Story That Bec ...