Is Amazon.com Stock Too Expensive?

By | January 6, 2016

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Though Amazon.com (AMZN) stock has had a rough week, shares more than doubled in 2015 and touched a record high of 696.44 on Dec. 29. But analysts are beginning to question whether investors have already priced in the e-tail leader’s growth potential. Wall Street expects earnings per share gain to nearly triple to $1.65, but Canaccord analyst Michael Graham says most of the positives that have sparked Amazon’s recent growth already are baked into Scalper1 News

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