Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout

Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout

The last time Amazon’s stock (AMZN) looked this cheap on a price-to-earnings multiple basis, CEO Andy Jassy was still a relative newcomer to the seat.

Shares of the e-commerce and cloud computing giant are trading on a forward…

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