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Amazon Is a Value Stock in Topsy-Turvy New World of Investing
(Bloomberg) — The demise of the low cost-revenue era is redrawing Corporate America’s earnings map — upending a decade of Wall Avenue knowledge more than which stocks are the discount buys or the significant fliers of tomorrow. Most Read from Bloomberg As Significant Tech grapples with a slowdown in income and a new commodity cycle rages, Faang members Amazon.com Inc. and Netflix Inc. are quickly morphing into benefit stocks when Exxon Mobil Corp. attains the coveted expansion-equity halo. With all bets off on the inflation-lashed financial trajectory, absent are the times when the tech mega caps quickly tumble into the classification of fast-escalating corporations though oil shares trade at inexpensive…
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