Investors who have been fortunate enough to have owned Amazon (AMZN +1.32%) over the years have certainly boosted their portfolios’ performance. The megacap enterprise, valued at $2.7 trillion, has a leadership position in numerous industries. Its success is a direct result of founder Jeff Bezos’ philosophy of obsessing over the customer.
This business is probably still at the top of every investor’s watch list. Should you buy Amazon stock in October?
Image source: The Motley Fool.
Shares currently trade 12% off their peak (as of Sept. 30). This presents investors with what appears to be a very compelling entry point. The valuation is hard to overlook.
Amazon stock can be bought today at a price-to-earnings ratio of 20.1. History says this is extremely attractive. The lowest multiple the shares hit was 18.2, reached in late July. The stock isn’t too far above that level.
Today’s Change
(1.32%) $3.29
Current Price
$251.52
Key Data Points
Market Cap
https://www.fool.com/investing/2026/10/02/should-you-buy-amazon-stock-amzn-in-october/
