People have been asking this question for the better part of 10 years. I normally don't like to buy high PE stocks but I own Amazon. I see Amazon trucks in my neighborhood on a daily basis. I order all kinds of things on Amazon. Aws is absolutely massive. The stock has been cut in half. If you believe Amazon is going to continue growing and become a global Force it's my opinion you want to own the stock. If you think the growth is going to Peter out the stock is likely going to go nowhere even when the market recovers you're going to have a sideways stock on your hands as the earnings slowly come up and the PE goes down. If rates are back down to two or three percent by the end of next year which wouldn't surprise me in the slightest. It's very likely Amazon is going to be higher. How much so? Couldn't tell you but that's the setup.