Meanwhile, since $NVDA-2.2% is shooting us up to the moon, how about taking a closer look at its competitor $AMD-1.9%? The latter isn't as priced and is even below its fair price according to Bulios indicators. How do you view this company? Can it ride the Nvidia-like wave over time?
AMD
AMDOpen $167.48
Day range $163.74 - $168.73
52 week range $93.12 - $227.30
The question is whether AMD will keep the +-100 support or go a notch lower. Personally in terms of product I don't like AMD I have a graphics card and I have to say it's sometimes extreme those drivers for their cards. But 😂 from an investment point of view it's a good stock and I'll wait to see how it performs on trend plus support. 🙂
It's interesting that they are under "fair price" :) Anyway, catching up with Nvidia won't be fun at all now...
It's a great company, but we have to keep in mind that it is several times smaller than $NVDA-2.2% (at least in terms of market capitalization). Their processors are good, but I still prefer the ones from $INTC-0.2%.
I think and hope there will not be another $NVDA-2.2%. But this wish is naive, because Mr. Market will do as he pleases. 😁
It's a pretty competitive well environment here, we'll see but also as Peter says, I think $NVDA-2.2% is kind of a flop and at these prices for me no longer investable, maybe on trade, it is. I'd like $AMD-1.9% to do that, but they'll have to come up with something $NVDA-2.2% doesn't have.
I don't think it's on a similar wave, it just has $NVDA-2.2%, of course I would welcome a similar increase in both $AMD-1.9% and $INTC-0.2%.