Which to Pick: NVDA or AMD?
$NVIDIA Corp(NVDA)$ EPS for 2022Q2 was $0.58, $Advanced Micro Devices(AMD)$ was $1.05;
The estimated 2023 Q2 EPS for Nvda is $2.05, for Amd is $0.57!
Obviously the success of launching AI products is very important.
Hope Amd has success in H2 this year!
For those who bash AMD all the time, you should know that AMD has a more diversified source of revenue than NVDA, although NVDA has grown exponentially over the same time frame it also hits the wall hardee when things dont go their way and that's because the majority of their revenues come from two products while AMD has an array of different products at different price points.
I own both stocks because I believe both have their own space to be successful but to say that AMD is a shadow of NVDA is terribly incorrect and probably is because they have not done their research.
Although there are only half volume. I guess big guys are set at position for ER. this is a good sign for what might be The first none manipulated ER in a long time.
All of you who keep saying the chart looks bad, have no clue in regards to reading charts lol.
There’s strong support at 110, considering all the negativity AMD is holding up well there. I continue to see the same pattern with AMD - strong uptrend with consolidation, followed by more upside.
If AMD guidance is strong we will see $150 real quick. Stay long.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
