UPDATE: AMD is overvalued and on the cusp of a 50% drop Short

Advanced Micro Devices, Inc.NASDAQ

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⋅ Mar 1, 2019 4:20 PM

Although earnings are set to grow by 75% this year, AMD has rallied roughly 30x off the 2016 low into the highs in 2018. There is currently a disconnect between perception and reality with p/e at 75 and p/b at 19.