Amazon Inc. (AMZN) is overstretched compared to peers from same segment

Amazon (NASDAQ: AMZN) is looking stretched above $90 level, as the volumes have started shrinking over the past two weeks, every time AMZN goes past $88. AMZN, presently, having a market capitalization of $ 39.1 billion, is valued richly compared to its nearest peer-EBay. The AMZN stock is worth selling on every rise. AMZN has a current P/E of 59.7 times its earnings.