In recent months, I revisited my analysis of e-commerce giant Amazon (listed on NASDAQ and NEO exchanges under the ticker symbols AMZN and AMZN:CA, respectively). Since my last review in July, the company’s stock has experienced a modest 1% price increase. However, my initial concerns about overvaluation persist, and the stock remains vulnerable to these pressures.
As a disclosure, I hold a long position in Amazon through various investment instruments, including stocks, options, and derivatives. This article represents my personal opinions and biases, and I have not received any compensation for writing it, aside from my association with Seeking Alpha. I do not have any business relationships with companies mentioned in this article.
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