Amazon’s stock has fallen after earnings missed Wall Street’s expectations, yet analyst Stephanie Link views the decline as a potential buying chance. In a video commentary, Link points out that the AWS cloud unit delivered solid performance, even if it fell short of the market’s whispered forecasts. Some confusion around Prime Day comparable sales also weighed on the results, but underlying retail demand remains intact. The shares trade at a 15‑times multiple over GAAP earnings, which Link argues makes the sell‑off an overreaction. More investors are beginning to echo her view as the stock rebounds from Friday’s lows.
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