Already-Expensive AMD Stock Still Holds Allure… and Maybe Even Some Upside

InvestorPlace2021-08-26

Unfortunately, shares of Advanced Micro Devices have achieved meme stock status for now I have always had mixed feelings about Advanced Micro Devices(NASDAQ:AMD). In April 2020, I said the pandemic ...

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Comments

CoolFox
2021-08-26
CoolFox
“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.
- celhohoho:
  Yess
- Bloom88:
  ?
ben88
2021-08-26
ben88
AMD share should keep going up due chip shortage worldwide.
- ben88:
  any idea when chip shortage will end?

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In April 2020, I said the pandemic ...</p>\n\n<a href=\"https://investorplace.com/2021/08/already-expensive-amd-stock-still-holds-allure-and-maybe-even-some-upside/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMD","symbol_name":"美国超微公司","start_time":0,"source_url":"https://investorplace.com/2021/08/already-expensive-amd-stock-still-holds-allure-and-maybe-even-some-upside/","article_id":"1123542948","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123542948","pubTimestamp":1629978979,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Unfortunately, shares of Advanced Micro Devices have achieved meme stock status for now\nI have alway","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMD":"美国超微公司"},"translate_title":"已经昂贵的AMD股票仍然具有吸引力…甚至可能有一些上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":0.9},"content_text":"Unfortunately, shares of Advanced Micro Devices have achieved meme stock status for now\nI have always had mixed feelings about Advanced Micro Devices(NASDAQ:AMD). In April 2020, I said the pandemic sell-off created “the best opportunity investors are going to have to get into AMD stock.” But even then, I was only lukewarm on AMD.\nSince that time, AMD stock is up another 1,310%. Most of the reasons I liked the stock at the time are still valid. Most of the reasons I was skeptical of its valuation are too.\nIf you’re buying AMD stock today, there are plenty of things to like about its long-term outlook. There are also a lot of risks.\nAMD Stock Pros\nAMD stock gives investors exposure to some of the biggest long-term growth markets in the tech sector. Under the leadership of CEO Lisa Su, AMD has somehow gained a technological edge over its competitors, most notably Intel(NASDAQ:INTC).\nAMD recently reported its seventh-straight quarter of double-digit revenue growth. Its PC, server and gaming businesses are booming. AMD chips are in the latest generation of both PlayStation and Xbox gaming consoles. 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I think it’s fair to say that gaining back its technology edge is priority number one for Intel.\nIntel is likely pouring all available resources into reclaiming its throne as the chip leader. Sure, that money and scale hasn’t done them much good in recent years. But Intel generated a whopping $20.9 billion in net income in 2020 compared to just $2.5 billion for AMD.\nInvestors should never write off that large of a resource advantage. Intel will be coming hard for AMD in the next couple of years. Just one slip-up by AMD or one breakthrough by Intel could completely derail the long-term AMD growth story.\nHow To Play It\nIn recent weeks, AMD stock has taken over as one of the most popular social media meme stocks. I think it’s completely unfair that such an impressive growth company is lumped in with meme stocks like AMC Entertainment(NYSE:AMC),GameStop(NYSE:GME) and other high-debt businesses in secular decline.\nStill, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best. I’m not thrilled with the current valuation. But investors should feel good about buying the stock on any major dips. Just make sure to keep a eye on what Intel is up to.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":810289976,"gmtCreate":1629980606295,"gmtModify":1676530190750,"author":{"id":"3584782885850103","authorId":"3584782885850103","name":"CoolFox","avatar":"https://static.tigerbbs.com/53ed2b2a4ca54289d3bee0a3310b5704","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","listText":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","text":"“Still, if you’re looking to buy and hold a meme stock for the long-term, AMD is one of the best.” I concur with this statement and this is why i intend to keep my shares for a while.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/810289976","repostId":1123542948,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5668363,"gmtCreate":1630074881004,"gmtModify":1663232995639,"authorId":4088761857333300,"author":{"id":4088761857333300,"authorId":4088761857333300,"name":"celhohoho","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810289976,"type":1,"supId":0,"prevId":0,"content":"Yess","text":"Yess","html":"Yess"},{"id":5656467,"gmtCreate":1629983013688,"gmtModify":1663232945626,"authorId":3579815534956625,"author":{"id":3579815534956625,"authorId":3579815534956625,"name":"Bloom88","avatar":"https://static.tigerbbs.com/033cde0577d9fb0c09cb6a7956e22236","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810289976,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":810215783,"gmtCreate":1629980356542,"gmtModify":1676530190684,"author":{"id":"4087779034173580","authorId":"4087779034173580","name":"ben88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"&nbsp;AMD share should keep going up due chip&nbsp;shortage worldwide.","listText":"&nbsp;AMD share should keep going up due chip&nbsp;shortage worldwide.","text":"AMD share should keep going up due chip shortage worldwide.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810215783","repostId":1123542948,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5656090,"gmtCreate":1629980467691,"gmtModify":1635138697911,"authorId":4087779034173580,"author":{"id":4087779034173580,"authorId":4087779034173580,"name":"ben88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810215783,"type":1,"supId":0,"prevId":0,"content":"any idea when chip shortage will end?","text":"any idea when chip shortage will end?","html":"any idea when chip shortage will end?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":41,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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