Amazon Trades at a Discount to Walmart — Let That Sink In
Two retail giants, two very different stories
Faster growth, cloud dominance, AI exposure… yet the market is paying more for Walmart. Walmart’s shares have surged to peak multiples, while Amazon’s valuation has compressed despite improving fundamentals. Sometimes the market’s favorite trade isn’t the best one. Let's have a look at the divergence and some aspects for the AMZN bull case.