AMD: Buying The Bear Blitz
AMDAMD(AMD) Seeking Alpha·2024-08-21 06:06

sulcs/iStock via Getty Images Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has given up a ton of its value since peaking in March of this year at 227.Onthelastmassiveselldown,weguidedourmemberstoopenbuysat227. On the last massive sell down, we guided our members to open buys at 135 and $125. Shares are up nicely in that short time frame, but we see more upside ahead longer-term. Make no mistake, the chip sector, and tech more broadly, has been pressured for many weeks, but has woken back up in the last 8 sessions. After a massive run higher, we are actually st ...