Okay, in this [Nvidia Stock (NVDA) vs AMD Stock – which is the Best Semiconductor Stock to Buy Now?] video ๐ฅ we’re going to be discussing the ongoing debate between AMD and Nvidia, sparked by a post in our Discord server by user @GeraldFitz. Gerald shared an interesting article about the two companies, saying that while Nvidia has been dominating the conversation lately, AMD is not far behind in terms of performance and potential for growth.
The article points out that Nvidia’s stock price is currently near all-time highs, while AMD’s is trading near its 200 EMA. In fact, Nvidia is currently 8% down from its all-time high, while AMD is down 33%, giving the latter more room to run in the long term. This sparked a discussion on our live stream and in the comments section about the potential of both companies in the short and long term.
Looking at AMD’s chart in finviz, we can see a decline from its previous all-time high, with the stock currently trading near support. The chart also shows a declining wedge pattern, indicating a potential for further decline in the near future. This could be attributed to AMD’s disappointing earnings, where they did beat EPS expectations but fell short on revenue. The main concern for investors seems to be the company’s expected profitability and their ability to catch up to Nvidia.
๐ด Please Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at ๐ https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 & Please Click the Bell Icon ๐ so that You are Notified and Never Miss an Episode of BeachBum Trading.
๐ CHAPTERS ๐
—————————————————————————-
00:00 – NVDA vs AMD
10:05 – BeachBum Trading Sites
10:53 – Discord Invite
๐ TRADING PLATFORMS ๐
—————————————————————————-
โ
Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
โ
E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
โ
Public Investing ๐ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
๐ RELATED VIDEOS ๐
—————————————————————————-
๐ฅ Top Swing Trading Stocks to Watch ๐ | 5/6 โ 5/10/24 | MSB TSLY GDXD PFE ZSL CRT SIRI AMD W & More ๐ https://youtube.com/live/HKho4aIMnTs
๐ฅ Is NVDD a Good ETF to use to Short Nvidia (NVDA)? | Quick Take ๐ https://youtube.com/shorts/GzK53isNtnU
๐ฅ Is AXT Inc. Stock (AXTI) a Good Semiconductor Stock to Buy Now? ๐ https://youtu.be/sGZ4rMN28sU
๐ฅ You may / Please see ๐ All of the BeachBum Trading videos in the [Due Diligence] YouTube Playlist, All for FREE, at ๐ https://www.youtube.com/playlist?list=PLH_4RiO370FM49UzlSB7YUiAozukKIO4A
#nvda #amd #nvidiastock
๐ REFERENCES ๐
—————————————————————————-
๐ Weekly Trading Game Plan Notes for 5/6 โ 5/10/24 – Part 2 ๐ https://docs.google.com/document/d/1klIp_lfVTixZhgcBItf4a9pYjlGKckOUwD6xEZISm3o/edit?usp=sharing
๐ BeachBum Trading on Social Media ๐
—————————————————————————-
๐ To See ๐ any Daily Changes to our Watch List(s), “Real Time Alerts” ๐ฃ of our Buys, aggregated News on our current Positions, etc., โฆ Please watch / keep an eye ๐ on the Comments section of this video, below, and/or โฆ Please also Follow BeachBum Trading on:
๐ Patreon at: https://www.patreon.com/BeachBumTrading
๐ Discord at: https://discord.gg/BXTE6bdkmZ
๐ Twitter at: https://twitter.com/BeachBmTrading
๐ Pinterest at: https://www.pinterest.com/stocks1thevcf
๐ Facebook at: https://www.facebook.com/profile.php?id=100054334621367
๐ Facebook Group at: https://www.facebook.com/groups/434697884890399
๐ Facebook Page at: https://www.facebook.com/Beach-Bum-Trading-110655101593103
๐ Instagram at: https://www.instagram.com/beachbumtrading/
๐ Reddit at: https://www.reddit.com/r/BeachBumTrading/
๐ BeachBum Trading’s Home Page ๐ก
—————————————————————————-
๐ก Please also Visit the ๐ [BeachBum Trading] [Home Page] at ๐ http://BeachBmTrading.com
๐ฎ BeachBum Trading Community Discord Server ๐ฎ
—————————————————————————-
๐ Please also Join Us in the [BeachBum Trading] Community [Discord Server] ๐ฎ, for FREE, at ๐ https://discord.gg/BXTE6bdkmZ
๐ BeachBum Trading on Patreon ๐
—————————————————————————-
๐ Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at: https://www.patreon.com/BeachBumTrading