The Official AMD shares thread

[AtW]

41.04 USD +1.16 (2.92%)

[scooterscot]

tax free losses!

[VirtualMonkey]

[VirtualMonkey]

More popcorn please

[scooterscot]

Starting to look like a blow off top. Traders push the stock past the resistance so as to trigger stop losses thereby pushing the stock up allowing them to exit on fools money.

[DealorNoDeal]

prices on 19th nov 2019, roughly:

Amd $40; btc $8000

amd $38.6 (-3.5%); btc $7200 (-10%)

[VirtualMonkey]

amd $38.6 (-3.5%); btc $7200 (-10%)

a temporary blip. although that being said, i wouldnt be surprised if year to date AMD is doing better right now

[AtW]

39.98 USD +0.83 (2.12%)

MODS!!!

[AtW]

40.10 USD +0.95 (2.44%)

[scooterscot]

Semiconductor stocks are bubbly, as companies’ sales are worse than most investors think

AMD’s earnings reflect very strong growth quarter-over-quarter. AMD is a growth stock with a forward price-to-earnings (P/E) ratio of 67 and current P/E ratio of 200. The company is posting low-single-digit revenue growth year-over-year and 18% revenue growth quarter-over-quarter. In October, AMD had a 12-month price target of $32.94 based on a 25% expected sales increase in 2020. The company has blown past this target in six weeks off 4% growth this year, and is trading near $40 per share.

Investors should fully expect AMD to return to customary growth levels at some point, but if investors are already paying 67 times earnings for the stock, there is little room for the valuation to reflect the growth. Eerily enough, AMD’s forward P/E ratio is the same as it was before the stock’s market capitalization was cut in half during the selloff in the fourth quarter of 2018. Perhaps more precarious, AMD is also priced where it was before the dot-com bust. In the chart below, we see AMD’s price today at the same levels it was before the dot-com bust and 2008 crash.

Don't say you weren't warned.