Amazon Stock Sell-Off: Should You Buy the Dip?
What's better than a good sale on Amazon (AMZN -1.01%)? How about the company's stock being on sale?Amazon has been caught in the recent market sell-off, with the e-commerce behemoth's shares down nearly 30% off its highs as of this writing.Let's look at three reasons why investors should consider buying the dip.The stock's cheapest valuation in yearsAmazon's stock is not only off its highs, it is also trading at one of the cheapest valuations in its history. The stock currently has a trailing price-to-earn ...