$Advanced Micro Devices (AMD.US)$ My honest pov is AMD will ...
$Advanced Micro Devices(AMD.US$ My honest pov is AMD will not go anywhere further down but towards the up trend. There are a few possibilities that led to the small decline of the pm such as AMD was suspected for being breached but claimed that it wouldn't have any huge impact on the company, and recently Morgan Stanley downgraded the stock as the expectations towards AMD is too high and too expensive. But Yahoo Finance stated that instead of worrying that this company will not do well, it will outperform many semiconductor and AI company. It will be up by 50%, then following year up by 35%. You've to remember that AMD is a top leading comoany that provides semiconductor chips and it's the core component and crucial foundation for all computing devices. I don't see why it will not do well...
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Capoo : The trend over one month is that this stock doesn’t go up but always bounce up and down, sometimes go low
105027290 : Good read
Rocketier OP Capoo : But you are just depending on the trends and pattern through the days.
Capoo Rocketier OP : Last time when 161 and 159 and also 158.50 people also think is lowest, you gotta see the PE is still too damn high, for what it’s worth your whole article also can be applied to Intel, I am saying AMD is still overvalued at $154 if you look at its finance report, that’s why this stock is not on the AI boat unlike AVGO, Dell, SMCI, TSMC or whatever. Id want growth stock that guarantee go up, just go NVDA, if wanna bet on AMD, I say wait till below 150 and then only think about it, no major institute give a crap about AMD and alot of retail investor already got fk over AMD
Ben The Man Capoo : AMD has zen 5 launching next month, it should go up after that since INTC doesn’t have anything to compete with until the end of the year.