Since Andy Jassy became Amazon's CEO ‼️
Revenues have risen by more than 50%, operating margins have nearly doubled, and operating cash flow has increased by almost 150%. 📊
Yet the stock price has only risen by 20%. 📈
When he took over as CEO of Amazon, the company had a 60x P/E; now it's 27x P/E. It's hard to take over a company with such a high valuation. 🙌
Thanks Andy for making the company cheaper for us investors :) We're happy to take advantage of this discount.