liberatedstocktrader

AMD - Stocks That Beat the Market

Long
NASDAQ:AMD   Advanced Micro Devices Inc
I like to select stocks that have a significant chance of significantly beating the market.

After all, that is our job as traders and investors.

One such stock that will be involved in my shopping spree when the overall market shows it is back in bullish business is AMD.

AMD is busy releasing Ryzen Chips that are sending Intel into a tailspin. Chips that are half the price of intel chips with all the power and more. AMD’s newfound dynamism means they are starting to hoover up market share from the all-powerful Intel.

AMD enjoys whooping the market indices also.

  • On the chart, you can see the NASDAQ 100 which returns a respectable 59% over the last 3 years (BLUE Line).
  • You can also see the S&P500 which returned 20.46% for the last 3 years (RED Line).
  • The Candlesticks represent AMD which has returned 277% over the last 3 years.
Even at the bottom of the recent Corona Crash, AMD had still returned 120% to faithful investors.

Although it’s PE is 100+ and it has zero margin of safety, it is expected to return to profit this year and will experience EPS growth.

AMD thanks for bringing competition back to the lazy Intel Corp.

Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
www.liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
www.liberatedstocktrader.com/moses
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.