Amazon: Robust Growth With Potential Clouds On The Horizon

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Chris Chng
47 Followers

Summary

  • Amazon's strong competitive moat and undervalued status based on DCF and PEG make it a buy at current prices.
  • Retail sales remain weak but should regain ground with improving consumer sentiments and future rate cuts.
  • AWS continues to impress with re-accelerated revenue growth and expanding margins on the back of cost optimization attenuation by enterprises.
  • Decelerating growth in third-party seller services and advertising services is a major concern that can erode Amazon's network effects.

4kodiak/iStock Unreleased via Getty Images

Executive summary

Amazon (NASDAQ:AMZN) share price fell ~9% after it reported mixed 2Q24 results on 01 Aug 2024. While earnings per share outperformed at $1.26 vs. $1.03, revenue came in lower than expected at $147.98 billion vs. $148.76 billion forecasted. It also guided its

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About AMZN Stock

SymbolLast Price% Chg
AMZN
177.040.52%
Pre177.650.34%
Created with Highcharts 11.2.0Aug 19Au…Aug 20Aug 21Aug 22Aug 23175180185
Market Cap
$1.86T
PE (FWD)
37.52
Yield
-
Rev Growth (YoY)
12.32%
Short Interest
0.68%
Prev. Close
$176.13
Compare to Peers

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