AMD Trade Call: Bullish Earnings and Price Target

30 days ago

"Now, the next thing I want to look at for AMD is their AMD financial analyst events. And this was extremely extremely bullish in my opinion. We did see that AMD projects about $20 in earnings per share by the at least 2030. They mentioned within the next two to five years. And if those numbers are true, I personally believe AMD is extremely extremely cheap. Right? If we look at a 20 earnings per share and you give uh normalized PE ratio for the semiconductor industry of 30, that's a price target of $600 for AMD."

The speaker expresses a strong bullish stance on AMD, citing projected $20 EPS and a normalized PE ratio of 30 to justify a price target of $600. This analysis is supported by expectations of accelerated growth in AI, data centers, and semiconductor markets over the next two to five years, suggesting that AMD is undervalued.

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