Question: For this question, we will be using P/E ratio. To find Amazon's P/E ratio, use www.morningstar.com , enter the desired stock symbol and request a

For this question, we will be using P/E ratio.

To find Amazon's P/E ratio, use www.morningstar.com , enter the desired stock symbol and request a basic quote. Once you have the basic quote, the P/E ratio is listed on a front page.

Compare the P/E ratio of Amazon with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why? In accordance with your findings, is it reasonable to buy the stock? Please explain your answers.

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