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Amazon Inc. (AMZN) reported strong Q3 operating cash flow and margins. Despite higher capex spending, its free cash flow (FCF) also remained strong. This could make AMZN stock attractive to value investors.
AMZN is up over 6.5% in midday trading at $198.06 per share, up 23% from a low of $161.93 on Aug. 6. However, based on yesterday's results, it's possible the stock could be worth much more.