AMD remains undervalued relative to growth (PEG ~1.5) despite high price; bull thesis intact.

Right now we are seeing a phenomenal rally in stocks like Dell and have seen a phenomenal rally in stocks like Dell and and AMD which is great but valuation wise a lot of other stocks have been left behind.

AMD has skyrocketed off of the 584 line. Uh we called this as a bullish potential catalyst right here at the 452 line. Not only on this channel, but also in our course member live streams.

It's been straight up off that epic line. But this explosion off of the legendary line here at 520 has been phenomenal.

But it's not just AMD or Dell that have basically run up to all-time highs over here. For example, AMD right now trades for about 1.5 times on a PEG ratio basis. So price toearnings growth ratio.

So, this is true for a lot of hardware plays. Like, even though AMD is trading for twice as much as Nvidia, AMD is still in the grand scheme of things based on their margins actually relatively cheap.

A 1.4 peg for a play like Nvidia or AMD is actually inexpensive. It's not a bad deal. That said, Nvidia is half the price, which is remarkable.

Right now, we've seen momentum go sort of from memory plays to plays like AMD and Dell, they'll slow down and and that'll end up shifting as my expectation. And that again is not bagging on them.

I'm not trying to say that AMD is overvalued uh because it's still not. it still has room to go.

AMD is knocking on the door of $1 trillion, which is incredible. Still up 9% today. Phenomenal. And again, even though it's twice the valuation of Nvidia, it it does not mean it's expensive right now.

So, I think this is really just getting started.