Bullish on AMD

$Advanced Micro Devices (AMD.US)$ is probably one of the greatest turnaround stories ever, and investors have made incredible returns in this counter over the last six years. Under the leadership of Dr. Lisa Su, AMD has showcased tremendous business execution, and the company delivered yet another blowout quarter on Tuesday.

As some of you may already know, I am an " $Intel (INTC.US)$ bull"; however, I am not an "AMD bear" like some of the commenters in my recent articles have suggested. Today, I would like to explain my positioning in the semiconductor sector in some greater detail. First of all, we own Intel as a part of our dividend growth portfolio, which also consists of the likes of $Broadcom (AVGO.US)$. Since AMD offers no dividend, it is unsuitable for BTM's DGI portfolio. On the other hand, AMD's risk/reward is keeping the stock out of our Goldilocks Zone (high growth) portfolio. Within this portfolio, I own $NVIDIA (NVDA.US)$ from a very low cost-basis; however, I am not adding at current valuations.