$AMD TOP 20
Added 2025-01-22 10:35:56 +0000 UTCA very clear bounce on the 200 WMA and the 0.65 Fib at $115 and the price is up to $123 in the PM now.
Trump announced yesterday a $500 Billion AI infrastructure plan and although $AMD was not involved in this makeup, it's chips will likely be involved and the demand for the Semi sector will increase.
I have said a number of times now that exposure to $AMD, $ASML or $NVDA is a wise decision right now, I have $AMD and $NVDA, so I am happy with my current holdings
But $AMD has only given us one wave bounce so far, a Wave 2 pull back and/or holding on the $131 would trigger me to add again
$ASML equally looks as attractive as $AMD right now.
$164 is my short term PT for $AMD.
Comments
The key here is the improvement between PE and FWD PE....it shows their growth and increased margins
Gareth Neary
2025-01-22 10:58:18 +0000 UTCI have a question: Investing.com shows a pretty high PE RATIO on ASML (42x) and on AMD (102x). Perhaps Investing is wrong, it wouldn’t be the first time, but I would like to know if in this case we don’t have to look at PE for perfectly legit reasons (i.e. because it is constantly changing?)
Federico Salerno
2025-01-22 10:55:53 +0000 UTC
