Amazon: An Attractive Long-Term Investment Opportunity (AMZN) | Seeking Alpha
Amazon stock has lagged the broader indices for the past five years, and valuation multiples have reverted lower despite cash flow returns on investment rebounding to near-record levels.

Amazon stock has lagged the broader indices for the past five years, with valuation multiples reverting lower despite near-record cash flow returns on investment. AWS, the largest IaaS provider, drives most of Amazon's profitability. The company reinvests all cash flows into its business, reflecting attractive returns on investment.