wigglyz
2024-10-12

$Advanced Micro Devices(AMD)$ Many shorts think AMD is over-valued because they look at TTM P/E (trailing 12 months) vs NTM P/E (next 12 months). Pro investors use NTM P/E because it’s based on the future, not the past. For the record:

AMD NTM P/E = 30X

NVDA NTM P/E =34X

About the same.

Have a weekend.[Grin][Grin][Grin]

After AMD's New Low: Will the Rebound Continue?
Last week, HSBC analyst downgraded AMD from a “Buy” to a “Sell” rating while slashing his price target on shares from $200 to a Street-low of $110. AMD hit a new low of $114.41 yesterday, with its stock price returning to levels seen two years ago, but it closed up 1% afterward. Despite yesterday's chip ban, AMD rose against the trend. ----------------- Can this rebound momentum be sustained? What is your target price for AMD? Will you buy the dip on AMD or NVIDIA?
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.

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