Planning On Buying Nvidia Stock? Look At AMD Instead
- Friday, August 27, 2021, 7:10
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We think that Advanced Micro Devices currently is a better pick compared to Nvidia. AMD stock trades at about 11x trailing revenues, compared to around 25x for Nvidia. Does this gap in AMD’s valuation make sense? We don’t think so. While both the companies have benefited in the pandemic, with an…
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