Amazon (AMZN) shares have multiplied seven times in value over the past decade, including a 75% gain just this year. They’re not quite in the deep value bin, either, at 40 times this year’s projected free cash flow, versus 25 times for the S&P 500, Jack Hough writes in this week’s edition of Barron’s. But using year-after-next free cash projections for two other companies that are big in retail and cloud computing, Amazon at $190 would be only slightly more expensive than Walmart (WMT), and a bit cheaper than Microsoft (MSFT), the author notes. Opportunities abound for more revenue growth and margin improvement, the publication adds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AMZN:
- AT&T (NYSE:T) Teams Up with Rivian to Cut Costs
- Temu files new lawsuit against Shein for ‘intensified’ rivalry, Bloomberg says
- Amazon (NASDAQ:AMZN) Slips Despite New Project Kuiper Advance
- Europe’s top court sides with Amazon in $270M tax fight, CNBC reports
- Amazon.com price target raised by $15 at Piper Sandler, here’s why
