5 Best Undervalued Stocks To Buy Now

2. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 252

Amazon.com, Inc. (NASDAQ:AMZN) may have a P/E ratio of almost 100, but it is still considered undervalued given its earnings potential in the future. Given its dominance in e-commerce and the cloud, Amazon.com, Inc. (NASDAQ:AMZN) has considerable scale and analysts expect Amazon.com, Inc. (NASDAQ:AMZN) to grow EPS on average by 33.25% per annum for the next 5 years. Amazon.com, Inc. (NASDAQ:AMZN) is also investing in future technologies such as robotics that could one day become another big business if successful. With 252 hedge fund holders in our database owning shares of Amazon.com, Inc. (NASDAQ:AMZN), the stock ranks #2 on our list of 12 Best Undervalued Stocks To Buy Now.