Using a simple DCF calculator -- the highest value I can make it come up with is $78.
AMZN is a great company, like AAPL, but we all know a great company doesn't always mean a great stock price.
If the Fed were to raise interest rates .50 tomorrow, would AMZN bulls still be happy holding at 130? My guess that would "change everything" - but it really shouldn't. But obviously -- this is not about fair value or 'value' of anything anymore.
Even Amazon Bears Are Bullish [View article]
Only down 2.30 today... shouldn't take long.
Even Amazon Bears Are Bullish [View article]
AMZN is a great company, like AAPL, but we all know a great company doesn't always mean a great stock price.
If the Fed were to raise interest rates .50 tomorrow, would AMZN bulls still be happy holding at 130? My guess that would "change everything" - but it really shouldn't. But obviously -- this is not about fair value or 'value' of anything anymore.
Barnes & Noble: A Sale on BKS [View article]