Amazon identified as the least overvalued among Magnificent 7
AAPL Apple Inc
$343.46 +0.43%
View chart & analysis → - 1Zacks analyst designates Amazon (AMZN) as the cheapest stock among the Magnificent 7
- 2Amazon has a forward PER of 19.6 and PSR of 3.6, with its stock rising only about 8% this year, trailing the S&P 500's 11.8%
- 3Earnings are projected to grow 81.6% in 2026 and 18.7% in 2027, while the PER of 19.6 is at a historic low for Amazon
So what's the key point?
Amazon's stock price is considered low compared to its earnings. While profits are expected to grow significantly, the stock price has not risen much this year.
Source Zacks · View original ↗
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