AMD Long Term Bearish
Updated
If you look at its trailing PE now standing at 166, and its forward PE at around 44, and according to Yahoo finance its PEG as of now is 1.88, implying a 26% annual growth rate for next FIVE years. These suggest what I believe an extremely unrealistic optimistic sentiment in a long term perspective.
Note
Combined with a probable global economic contraction that no one born after 1929 has ever experienced would be a perfect scenario of what you know would happen next.
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