Experts warn that the value might drop in mid-single-digit percentages in the coming months. But u nlike Nvidia, AMD seems to have peaked after the recent rally and the relatively high valuation makes it less attractive. However, they are poles apart when it comes to the price -– currently trading slightly above $85, AMD is much more affordable. Stocks PeakĪMD’s past performance on the bourses shows that the stock behaved in a pattern similar to that of Nvidia. ![]() The stock offers handsome return s at the current valuation, and those who can afford should go for it. Given the underlying strength, there is room for the stock to grow further, until at least the next earnings. ![]() After staying on an upward trajectory for several months, the stock hit an all-time high in early September, before withdrawing to the pre-peak levels later. ![]() Very few Wall Street firms can claim the kind of growth Nvidia has achieved in the last two years, with the stock gaining more than four-fold during that period.
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