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AMD's "Double Black Diamond Ski Run:" Do Earnings Show Steeper Rally Ahead?

Dela

As AMD Inc. (AMD) pulls back after it posted strong earnings and, Ed Butowsky says he has "no idea" why the stock is declining and "should be bought all day long." Christopher Davis isn't as "unabashedly bullish" as Ed, noting that the Democratic flip in Congress signals a slower AI buildout, a key growth driver for AMD. However, Ed still makes the case that existing contracts offer a bullish ramp for the foreseeable future. Christopher argues that the stock's stellar run has been reliant on growth and will wobble at any sign of weakness.


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