Seeking Alpha两位作者认为AMD回调后具备中长期买入机会

Is Advanced Micro Devices ( AMD ) a buy, sell, or hold right now? Seeking Alpha analysts Oaktree Capital and Julian Lin weigh in. Oaktree Capital : The post-earnings pullback in AMD's ( AMD ) price looked like a buying opportunity to me because the price action let the excessive valuation premium cool off. The fundamentals look solid at AMD. Probably they're still lagging in GPU tech compared to Nvidia ( NVDA ), but their positioning in CPUs and the upcoming Helios AI platform's scaling are giving AMD a larger end market over the next two to three years. Regarding the CPU part, the demand seems to have become structurally higher, which is why AMD ( AMD ) was repriced to the upside in the first place. So, the reason was there when AMD ( AMD ) skyrocketed throughout the April-June period. Now, after the Q2 print, the stock's valuation has cooled off, but it's not related to demand softness in any form (at least I don't see it at all). As I wrote in my article on Sept. 1 , I see a two-year upside of about 47%, which is quite solid for any large cap like this. So, to answer your SA Asks question, yes, it's now time to buy AMD ( AMD ) and hold for two to three years, in my opinion. Julian Lin : While this might not look like a "bottom," it does look like an opportune time to buy AMD ( AMD ). I see the bullish thesis as having strengthened significantly, and the company looks poised to deliver accelerating growth over the near to medium term. One could quibble over whether it is more compelling than Nvidia ( NVDA ), but I see positive surprises ahead for AMD ( AMD ). (Julian Lin is also the leader of SA investing group Best Of Breed Growth Stocks .) Top Semiconductor Stocks Trending AI Stocks