Citron Research Posts Bullish Comments On Amazon Acquisition Of Globalstar, Says "$AMZN Trading at 30x earnings against a 5-year average P/E of 48x and a 10-year average north of 60x. Market still not giving credit to them owning the future! Apply the 5 year average multiple to forward earnings and $300 isn't a hope it is simple math."
Benzinga Newsdesk 6 months ago
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https://x.com/CitronResearch/status/2044035387857809555
