Im bullish AMD around these levels.
High growth rates year over year potential.
its trading below the 1000 day moving averages (200 week moving average).
Stock may rise or bounce around for a few months, but historically should do well over the next few years.
Its priced at 20 forward PE, which is cheaper than the Sp500 and most of the large cap stocks.
However, it has a higher growth rate potential expected by analysts, in the 20-30% annual year over year growth range. Each quarter could bring higher valuation as it performs (potentially).
Peter lynch math says we should be willing to pay up to twice the growth rate in PE terms for a good grower. Amd is only trading at 1 x the growth rate.
Do your homework and trade small.
Cheers.
High growth rates year over year potential.
its trading below the 1000 day moving averages (200 week moving average).
Stock may rise or bounce around for a few months, but historically should do well over the next few years.
Its priced at 20 forward PE, which is cheaper than the Sp500 and most of the large cap stocks.
However, it has a higher growth rate potential expected by analysts, in the 20-30% annual year over year growth range. Each quarter could bring higher valuation as it performs (potentially).
Peter lynch math says we should be willing to pay up to twice the growth rate in PE terms for a good grower. Amd is only trading at 1 x the growth rate.
Do your homework and trade small.
Cheers.
Note
Note
took some gains on the options and am in straight shares for the long term. Trade active
took some gains on the short puts spread and long call spreads, and am in unlevered shares now. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.