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Could Amazon Stock Still Be Undervalued?

TheMotleyFool

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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

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