Amazon's falling multiple: Chart of the Day

Yahoo Finance Video
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Amazon's (AMZN) stock currently trades at 32 times its estimated earnings, well above the Nasdaq 100's (^NDX) multiple but well below the 10-year estimated earnings average.

Market Domination host Julie Hyman joins Asking For A Trend to break down Amazon's falling multiple in today's Chart of the Day.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Nicholas Jacobino