The stock currently trades at $78, but Microsoft (NASDAQ: MSFT) announced an all-cash deal to buy the game company for $68 billion, or $95 per share, in January. Between inflation and fluctuating macroeconomic trends, an investor community that's gotten used to a high-flying market gets to see up close how established, well-managed companies offer a secure road to investing success, even though it may appear to be a slower route. AMZN PE Ratio data by YCharts That's created an opportunity for long-term investors to buy Amazon stock near its lowest price to earnings in five years.