I think AMD should be bought on pull backs as an investment. I think it could be a $200 stock. Everyone is migrating to AMD.
agree.
there were lots of pull backs for the past few years.
now it is far too late.
I think AMD should be bought on pull backs as an investment. I think it could be a $200 stock. Everyone is migrating to AMD.
I recall a few years ago telling myself I would be an idiot to not buy a decent sized AMD position to hold for years to come when it was trading under $2...
I recall a few years ago telling myself I would be an idiot to not buy a decent sized AMD position to hold for years to come when it was trading under $2.
Silly me did buy some but bailed out at way to soon, what else is new?
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. I can't remember the exact quote but it was along the lines of: "The salesman complain about pay. If the Engineers weren't there, they would have nothing."I wish I still owned this. I was a hardcore fanboy back in 1999. hence the name. Wish I had never sold that stock. What a fuckin roller coaster
Most of the time, the price of a stock has nothing to do with profits or earnings, remember the internet stocks in the 90's for example.
And forget about P/E, this lousy "fundamental" indicator/metric is virtually worthless as far as timing is concerned.
This is why I was never a fan of AMD...
But of course, as we know, technologies change, and so people follow the money. 20 years is a long time to be pissy about a company. Like being down on AMZN since 1999. How'd that work out for the naysayers?
AMD have barely turned a profit in 10 years
Intek make 10% a year profit , AMD make 0.5% pa
may turn it around, who knows. Even if AMD have a big growth, doesn't justify the price in my view. P/E ratio 20 times that with AMD,
My money is on Intel, safer
I believe our friend DerekTrader is talking about the AMD processor itself ("Everyone is migrating to AMD") , since AMD CPUs can match the performance of Intel processors at about half the cost.