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$AMZN — what part of world domination does the market still not get as they acquire $GSAT?
Spectrum, AI Chips, Data centers, Robotics, Logistics, and oh that little delivery business we all just love called Amazon.
Did not even include an ad biz that does almost 2x that of Tik Tok and growing faster than $META
$AMZN Trading at 30x earnings against a 5-year average P/E of 48x and a 10-year average north of 60x. Market still not giving credit to them owning the future!
Apply the 5 year average multiple to forward earnings and $300 isn't a hope it is simple math.