Billionaires Are Quietly Loading Up on Amazon While It Trades Like a Value Stock
Several prominent hedge fund managers including Stanley Druckenmiller, Peter Thiel, Seth Klarman, and David Tepper recently purchased Amazon stock during Q2. The article argues that while Amazon appears expensive on traditional P/E metrics, its enterprise value-to-operating cash flow ratio of 17 is well below its 10-year average of 26, suggesting the stock trades at a discount. The company's diversified ecosystem spanning e-commerce, AWS cloud services, advertising, and emerging AI initiatives positions it as an attractive long-term investment with multiple growth catalysts.
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