There are several key reasons to get bullish on the AMD stock.
For one, AMD is severely undervalued with its price to earnings to growth (PEG) and its forward PEG growth. For instance, AMD currently trades with a PEG ratio of 0.32 as compared to the industry average of 1.24.
Those are perfectly understandable growth numbers if AMD wasn’t projected to grow much moving forward. However, earnings are projected to grow about 54% in 2025.
Two, AMD is exposed to a multi-billion-dollar addressable market for data center AI chips. In fact, according to company Chair and CEO Lisa Su, that addressable market for AI chips will reach $500 billion by 2028, which is up from her prior estimate for $400 billion by the time 2027 rolls around.
Place these trades before Tuesday's closing bell
But that's just the tip of the iceberg... Jim is just moments away from issuing two brand new trades designed to double your money (or more) in 3 to 10 days... and you're invited to take part in the action.
Get the full details right here.
|
Three, the company’s latest generation of AI chips, the MI300, is its fastest ramping product ever. Lisa Su added that AMD’s MI300X chip—which rivals dominant AI chipmaker Nvidia’s H100 is “the most advanced AI accelerator in the industry,” as noted by Time.com.
Four, the company is fighting to cut into Nvidia’s market share with its solid products, which feature high-end PC processor chips and AI-capable accelerators.
|
