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

Name: UPDATE: AMD is overvalued and on the cusp of a 50% drop
Uploaded: 2019-03-01T10:20:44.994409
Channel: UnknownUnicorn266486
Description: 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.

Advanced Micro Devices Inc (NASDAQ:AMD)

NASDAQ:AMD Advanced Micro Devices Inc

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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.

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