Amazon’s stock is cheap relative to Walmart’s. Why investors are making a mistake in their flight to safety. - MarketWatch
1. Amazon's stock down nearly 20% this year, making it appear cheap. 2. Investors shifting from consumer discretionary to staples like Walmart and Amazon. 3. Amazon's strong P/E ratio at 25, compared to Walmart's 34, signals value. 4. Analysts have bullish ratings for Amazon, with price target at $215. 5. Concerns persist over Amazon's profit margins amid heavy investment in AI.