$AMD(AMD)$ AMD is just beginning under Dr. Lisa Su's guidance and vision, to translate their R&D into stellar products and on
time, which customers are increasingly locking in long term contracts with AMD for. Considering based on the Semi-conductor Industry Association stats the industry's total sales will be 726 billion by 2027, in 2019 total sales were 412.1. AMD's revenue is just beginning to accelerate, more and more customers will be seeking AMD products, in Data Center and for GPU's as AMD steadily puts more R&D into GPUs. With a PEG of 1.31, AMD is well undervalued. This is one of the best tech stocks to buy globally, at the current price in light of AMD's expected growth, managements conservative and smart use of cash, high ROIC, na outstanding balance sheet, ability to retain and attract the most skilled/motivated chip engineers due to AMD's progressive/friendly/positive work culture and much more. I already hold a large core position, and hoped to buy more in the upper 130's before Nvidia's earnings when I knew AMD's share price would increase. I don't think we will see the upper 130's again as everyone is holding their core position/selling a little for profit. Far more people are buying then selling as everyone is seeing AMD's R&D has been very successful. Lots of retail and institutional investors have been watching from the sidelines to see how the turn around story would go, now we all see it is growth sector in which AMD is positioning it's as a if not the leader. If it dips I will add to my position I am hopeful the market is always volatile.
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