Could Amazon Stock Still Be Undervalued?
Priced at $3,230, shares of Amazon (NASDAQ: AMZN) are now trading only 9% off their all-time high. Investors who missed the opportunity to buy the stock at prices below $3,000 earlier this year may be kicking themselves.
But is it really too late to get in on this growth stock?
A closer look at Amazon stock shows that it's more conservatively valued than it might seem on the surface.
Source Fool.com
