AMD's Downcycle Has Begun: Here Is When I'll Start Buying

(19min)

Summary

  • Understanding which businesses are deeply cyclical is critical for investors.
  • Every investor who purchased Advanced Micro Devices, Inc. stock in 2024 and still holds is currently underwater despite rising earnings and a positive outlook from AMD.
  • This article explains how this sort of disconnect between fundamentals and stock price can happen, and how investors can avoid the worst pitfalls and profit from them.
  • I share my history with AMD stock as well as my current buying strategy, including the price at which I'll add to my position.
  • Looking for more investing ideas like this one? Get them exclusively at The Cyclical Investor’s Club. Learn More »

Business graph and charts sell or buy dices

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Introduction

Every investor who purchased Advanced Micro Devices, Inc. (NASDAQ:AMD) stock in the past year and still holds it is currently underwater. And those investors who bought near AMD's peak are down more than -40%. To make matters worse, the

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This article was written by

24.2K Followers

Cory Cramer has been investing in markets since the 1990s and providing stock analysis for independent investors since 2015.

Cory leads the investing group The Cyclical Investor's Club where he shares his unique mix of investing strategies that focus on All-Weather-Growth. The goals of the CIC strategies are to be sensitive to both economic and market cycles while also investing for long-term growth. This helps to reduce the risk of losses without reducing medium and long-term portfolio returns. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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