Amazon (NASDAQ:AMZN) has seen a hefty pullback recently after guiding for slower growth in the third quarter. The market seems to be focusing on the e-commerce slowdown despite having another potential trillion-dollar business hiding within the company. We are referring to Amazon's real money maker, AWS which we covered recently in a previous article. We suggest taking a look if you're interested in learning more about AWS and why we think it's a major growth catalyst for the company. In addition, we cover the main risks involved in holding Amazon's stock.
However, today's article will not be focusing on AWS. Instead, we want to talk about what the market is potentially missing from the recent earnings call. In addition, we will take a look at Amazon's new plan to open up department stores and provide an updated valuation with recent numbers.
Here are the main points of this report:
*This is a premium seeking alpha article, so we can’t fully post it here.*