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Question: AMD stock has done extremely well this year, but how much higher can it go?

randomperson_234
By randomperson_234
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AMD has increased drastically and has gone up by 107% over the course of this year. Some people believe that the stocks are simply too high. My opinion is that depending on if the demand for the microchips holds at the same rate it is at now it will steadily increase. Sadly I believe that it simply cannot keep up this rate forever and will eventually go down. What is your opinions on this?

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Its been on the rise the past 5 years I believe it will continue to rise as long as AMD maintains its lead at the moment. Shame I didnt jump in at the $2 a share price point :( 

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1 minute ago, Silentprototipe said:

Its been on the rise the past 5 years I believe it will continue to rise as long as AMD maintains its lead at the moment. Shame I didnt jump in at the $2 a share price point :( 

I had the same thought the other day. Hindsight is 20:20 it seems :D

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1 minute ago, HairiestLad said:

I had the same thought the other day. Hindsight is 20:20 it seems :D

Same I could've bought it at around $40 and would've made a lot of money I definitely agree with you that with stocks high sight is 20:20

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4 minutes ago, HairiestLad said:

I had the same thought the other day. Hindsight is 20:20 it seems :D

Yeah. If I had a time machine...

 

  1. Buy bitcoin the day it was launched
  2. Buy AMD stock in 2001
  3. Buy apple stock early on
  4. Buy Amazon stock early on

and become a billionaire when I get back

please quote me or tag me @wall03 so i can see your response

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I had a project involving a simulated stock portfolio in high school, I bought ~11k shares when the stock was $1.83. Fuck.

Make sure to quote me or use @PorkishPig to notify me that you replied!

 

 

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Just now, wall03 said:

Yeah. If I had a time machine...

 

  1. Buy bitcoin the day it was launched
  2. Buy AMD stock in 2001
  3. Buy apple stock early on
  4. Buy Amazon stock early on

and become a billionaire

Thankfully I jumped into bitcoin whilst it was low a few months ago, managed to make a couple hundred.

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Until ARM or RISC-V takes over, I don't see the amount of processors being sold going down. If AMD keeps on making the best processors they will only gain more market share and make their stock go higher.

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