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Added to YB: 2024-08-22

Pitch date: 2024-06-30

AMZN [bullish]

Amazon.com, Inc.

+16.9%

current return

Author Info

No bio for this author

Company Info

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Market Cap

$2.4T

Pitch Price

$193.49

Price Target

N/A

Dividend

N/A

EV/EBITDA

15.96

P/E

31.96

EV/Sales

3.59

Sector

Broadline Retail

Category

growth

Show full summary:
Baron Fifth Avenue Growth Fund Portfolio Holding: Amazon.com, Inc.

AMZN: Q1 beats w/ 12.5% YoY rev growth, 10.7% op margin. N.A. margins 5.8%, AWS 37.6%. Ad biz winning share. AWS reaccelerating post-optimization. E-commerce <20% of retail, cloud 13% of IT spend. GenAI tailwinds across stack. Long-term growth potential in core businesses.

Read full article (1 min)