$Advanced Micro Devices(AMD)$ Revenue is projected to grow from 50 billion a year to 85 billion. Earnings are expected to go from 7.5 billion a year to 15 billion next year, based on the average estimate.
That would bring the PE from 68 down to 32. The market cap is less than 10 times next year's revenue.
They're growing at 35 to 40 percent according to the average estimate. That would bring the PEG to less than one.
Stop claiming it's too expensive.
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