The AMD Stock Outlook: Pay for Quality
Although shares carry a premium valuation, Advanced Micro Devices is rapidly expanding to grow into it. Wall Street forecasts the chip maker will grow earnings at 25% a year for the next five years. That is two-and-a-half times greater than AMD stock expanded profits for the last five years.
There will be an ebb and flow in valuation but buying now and holding on for the long-term will serve any investor’s portfolio well. $Advanced Micro Devices(AMD.US$ $NVIDIA(NVDA.US$
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