Amazon Stock Is Priced For A Crisis — But Is It 2008 All Over Again?
AMZN stock is moving. See the chart and price action here. With a forward P/E of about 24.5 and trailing P/E near 27.8 (per Benzinga Pro data), the company’s stock trades at a multiple barely above the broader market despite its structurally faster growth and improving profit profile.Valuation Signals ‘Crisis' SentimentAmazon shares now trade at their lowest forward price-to-earnings ratio since November 2008, a valuation measure that compares the stock price with projected profits over the next year.The st ...