We came across a bullish thesis on Advanced Micro Devices, Inc. on Phaetrix Investing’s Substack by Phaetrix. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc.'s share was trading at $159.79 as of September 22nd. AMD’s trailing and forward P/E were 95.68 and 26.88 respectively according to Yahoo Finance.
Advanced Micro Devices (AMD) presents a compelling 12–18 month investment opportunity, targeting 12–18% base case returns ($168–$177) and 20–25% upside ($180–$187) if Nvidia’s execution issues persist. While markets focus on...
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