Amazon Is at a Peak But AMZN Stock Is Still Worth 22% More at $185
From Barchart:
Amazon’s stock has surged to a high of $151.94 at the end of the year, showing strong growth. Despite this, the stock is still undervalued at $185 based on its robust free cash flow. Shareholders can benefit by selling OTM puts to generate additional income.
Overall, Amazon’s stock has seen a significant increase, reaching a peak price of $151.94 at year-end. Despite this growth, the stock’s true value is estimated to be $185, highlighting its potential undervaluation. As a result, shareholders can consider selling OTM puts as a way to generate extra income from their investment.
In a recent development, Amazon’s stock has surged to a peak price of $151.94 by the end of the year. However, based on its strong free cash flow, the stock is still believed to be undervalued at $185. Shareholders can take advantage of this by selling OTM puts to earn added income from their investments.
Read more: Amazon Is at a Peak But AMZN Stock Is Still Worth 22% More at $185