Amazon Is Overvalued But You Can't Bet Against It

Amazon Is Overvalued But You Can't Bet Against It
AP Photo/Michel Spingler

If you don't own Facebook, buy it at these levels, says NYU's Damodaran If you don't own Facebook, buy it at these levels, says NYU's Damodaran 3 Hours Ago | 02:57 Amazon continues to break records. On Thursday, the company reported earnings per share of $5.07 compared with $2.50 as expected by Thomson Reuters. But Aswath Damodaran, a professor of corporate finance and valuation at the Stern School of Business at New York University, who is sometimes referred to as the "Dean of Valuation," said this is not all good news. "Amazon terrifies me as a company," Damodaran told CNBC on "Fast Money" Thursday.

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