Sooo bullish right now. With top and bottom line growth rates increasing with this deal, the forward PE is going to compress.
So what's a fair value for forward PE for a chip company that is anticipating high growth? Somewhere 50 to 100 I think in a bull market.
Short term, it's going to test the previous ATH at 227. Buy some now to trade and invest sounds like a good idea.
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- Reg Ford·10-09AMD’s deal boosts growth! Forward PE compresses,buy now before it hits $227 ATH!LikeReport
- Mortimer Arthur·10-12openAI deal , 1 AMD stock = 600$ . it's confirmed. stay long .LikeReport
- Astrid Stephen·10-09Growth’s good, but ATH test is risky! Wait for a pullback to buy AMD!LikeReport
- BlancheElsie·10-08Absolutely love this bullish outlook! [Wow]LikeReport
- Venus Reade·10-12Expect 250 by end of this month!!LikeReport
