Written by Summary Amazon buries the segment growth rates at the bottom of its financial reports. The company has 5 different business units growing double-digits. Compared to peers, Amazon’s business units are growing much faster. In totality, Amazon stock is at least 40% undervalued. 4kodiak/iStock Unreleased via Getty Images I believe Amazon (NASDAQ: AMZN ) is one of the most well covered stocks that is completely misunderstood and undervalued by investors. Buried on the second to last page of every financial document I’ve recently seen from Amazon is the most important piece of financial information the company produces. In some ways, I think the company might even intentionally bury the segment growth at the bottom of the financial reports so competitors, and possibly regulators, don’t realize what Amazon is brewing up outside the core retail business. Either way, parts of Wall Street and certainly the bear case against owning Amazon stock focuses almost solely on the core retail business and AWS. However, Amazon has 5 different business units growing double-digits revenue wise. Today I’m going to walk you through each business unit and illustrate that based on the revenue and growth rate – each of these business units have […]