AMD Overvaluation Controversy and Consideration of Shifting Investment to NVIDIA
AMD Advanced Micro Devices Inc
$516.79 +1.74%
View chart & analysis → - 1AMD stock has shown strong performance with a year-to-date increase of approximately 150%.
- 2AMD achieved a 107% year-over-year growth in second-quarter data center revenue.
- 3Kitten Drury said AMD stock is expensive and suggested considering selling before the November 3 earnings announcement.
So what's the key point?
AMD stock has performed well with a 150% increase this year. However, the stock price is considered too high, so selling before the earnings announcement is a possibility to consider.
Source The Motley Fool +1 · View original ↗
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