Advertisement
New Zealand markets closed
  • NZX 50

    12,478.50
    -186.50 (-1.47%)
     
  • NZD/USD

    0.6247
    +0.0005 (+0.08%)
     
  • NZD/EUR

    0.5589
    +0.0002 (+0.04%)
     
  • ALL ORDS

    8,437.20
    +20.20 (+0.24%)
     
  • ASX 200

    8,209.50
    +17.60 (+0.21%)
     
  • OIL

    72.25
    +0.30 (+0.42%)
     
  • GOLD

    2,650.20
    +35.60 (+1.36%)
     
  • NASDAQ

    19,796.88
    -42.94 (-0.22%)
     
  • FTSE

    8,229.99
    -98.73 (-1.19%)
     
  • Dow Jones

    42,091.60
    +66.41 (+0.16%)
     
  • DAX

    18,720.01
    -282.37 (-1.49%)
     
  • Hang Seng

    18,258.57
    +245.41 (+1.36%)
     
  • NIKKEI 225

    37,723.91
    +568.58 (+1.53%)
     
  • NZD/JPY

    89.7950
    +0.8270 (+0.93%)
     

Is Amazon a Buy Now?

Is Amazon a Buy Now?

Over the past decade, Amazon (NASDAQ: AMZN) shares have crushed the broader market, soaring 782%. As of this writing, shares of Amazon trade at a price-to-sales multiple of 2.6, which is substantially below the five-year trailing average of 3.2. Let's take a closer look at Amazon's business, where it's headed, and what this could all mean for investors.