LogFAQs > #942144622

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red sox 777
07/15/20 1:04:21 PM
#160:


But um, if you want a tech company with better fundamentals, how about Apple? Market cap is less than 15% higher than Amazon, but almost 500% the amount of earnings. I mean 30 price to earnings ratio is still kinda high for a company that big but it's a lot saner than Amazon's P/E near 150. That means Amazon would need to generate its current profit levels for 150 years to make back the money invested in it at current prices.

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