Bill Miller: Buy Amazon as coronavirus response could be called 'Amazon Subsidy Act of 2020'

Key Points
  • Amazon is an ideal stock to buy during the market's steep sell-off, value investor Bill Miller said.
  • All of this activity to deal with the coronavirus that countries are taking could be relabeled the Amazon Subsidy Act of 2020," Miller told CNBC. 
  • Shares of Amazon are down more than 15% from their February high of $2,185. 

Amazon is an ideal stock to buy during the market's steep sell-off, value investor Bill Miller told CNBC on Wednesday.