$Advanced Micro Devices (AMD.US)$ at least cathie joined us....
$Advanced Micro Devices (AMD.US)$ at least cathie joined us. her team probably saw that breakout trend yesterday and thought it was time to get in. only to join us bag holders hahaha o well lets hope semicon recover soon.
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FastMoneySniper : Whatever Cathie do, the stock always go the opposite in short term
pootpoot OP FastMoneySniper : u r right. but well it's going to take awhile I guess. I'm rotating to drug sector. it's on recovery now. will be back once semicon is fully awake
韭菜变主力 : The market is full of trend following and speculation. AMD will find bottom when it overshoots to the downside to below 129. Otherwise, it has no momentum or trend. It’s currently fairly valued or modestly undervalued, although most other stocks are over valued.
韭菜变主力 : You can’t say P/E of 27 is cheap. The consus of FY25 EPS of $5.1 might have some downside risk.