Amazon Q3: Stop Buying The Stock For Now Because It's Overvalued
Amazon(AMZN) Seeking Alpha·2024-11-12 20:30
Since my Amazon (NASDAQ: AMZN ) Q3 earnings preview , the stock has already gained 12.8% in price at the time of this writing. The company is now overvalued, so I downgrade my rating to a Hold for thisOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate resilient management and lasting competitive advantages. A trusted voice in ...