$Advanced Micro Devices (AMD.US)$ Opinion: It won’t matter ...
$Advanced Micro Devices (AMD.US)$ Opinion: It won’t matter to the long-term investors. The tech industry’s investment in AI is in early phase and the revenues won’t magically reflect it in a quarter or two. This is not an average crypto coin.
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Ousan : P/E ratio of 1481, careful with short term in AMD
Master Corgi : If you can stand the stock dropping $30 during pullbacks than no problem you are a long term investor
Bill A OP Master Corgi : Sure, why not stand. The company has potential revenue unlike the fancy coin of the day or just another staple stock.
Master Corgi : Look at the PE
Bill A OP Master Corgi : The PE is as of “now”. It doesn’t apply to the long-term. Gradual revenue accumulations will bring down PE naturally.