Overstock.com, Inc. (OSTK) a Triple-Digit Winner, But Can It Continue?

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Speaking of …
On the note of valuation, Overstock.com, Inc. (NASDAQ:OSTK) is looking full but certainly not overvalued. The company trades at nearly 28 times forward earnings and, as I mentioned, 17 times its free cash flow. It may seem cheap at first, as the 100-times larger, market-dominating Amazon.com, Inc. (NASDAQ:AMZN) trades at nearly 100 times forward earnings, and similarly on a P/FCF basis, but it’s not a fair comparison. Amazon has a cash hoard that is 8 times the size of Overstock’s entire business.

Though value lovers won’t find much solace here, or anywhere in the space, a growth investor looking to pay a cheaper multiple for the quickly growing e-commerce industry should take a look at Overstock.com, Inc. (NASDAQ:OSTK).

The article Overstock.com a Triple-Digit Winner, But Can It Continue? originally appeared on Fool.com.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com.

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