Amazon stocks are cheap, almost doubled by 23 years ─ Morgan Stanley

Amazon.com's stock price can be almost doubled to $ 6,000 by 2023.Morgan Stanley analyzed.Amazon's stock price is cheap in comparison with other companies in the same industry.

Amazon is 38 in the US stock market on the 18th..$ 11 (1).17 %) Cheaper 3232.We finished trading for $ 28.

Morgan Stanley is a report on the 17th, which is an indicator of "PEG (PRICE EARNINGS Growth Ratio) Ratio" (stock price earnings per share, which is divided by profit growth per share, which is an indicator of the stock price in a report on the 17th.) It is focusing on.PEG ratio based on Amazon's 2022 business performance forecast 1.It is twice as much as a discount of about 30 % to the median in the same industry.

Amazon's PEG ratio is the same level as in the same industry 2-2.In a bullish estimate that it will be five times, the stock price will be $ 5,000 to 6,000, almost twice the level of the feet.

On the other hand, the average of PEG ratio, a large high -tech stock, 1.The stock price will be $ 4500 in a compatible estimate that applies seven times.

But 1.The seven times the PEG ratio has a 45 % discount on Wal -Mart's Wal -Mart Rethio, so it can be fully justified that Amazon is suitable for higher ratio.

Morgan Stanley has given Amazon a "buying" investment decision.