Market has been moving in horizontal channel for over a year with the exception of 1 downside break out. It is hard to provide a reason for a upside break out at what most people see as the end of an economic cycle. Down side will be very susceptible due to a past break out as well as fear of cycle's end. Strategy suggestion, maintain mostly cash. Buy at 22000,...
There is no doubt AMD under the leadership of Lisa Su and the advantages of its IPs is on track for high growth by gaining market share on Intel and staying relevent if not competitive against Nvidia. AMD's P/B ratio is significantly lower than similar stock and PE ratio is also lower than the average in the industry. AMD also sees very high revenue growth as well...