Should You Buy AMD Stock Now or Wait for a Dip?
AMD's stock has already more than doubled this year.
Overview
Tech stocks are leading the market's rally in 2026. While the S&P 500 has risen by around 10% this year, the Technology Select Sector SPDR ETF is up by 34%. Tech continues to be a hot trend, with spending on artificial intelligence (AI) remaining high among businesses.
One chip stock that's been especially hot this year is Advanced Micro Devices (NASDAQ: AMD). The company's latest chips have been generating strong demand, and the hope is that they can take significant market share from rival Nvidia.
Details
But with the tech stock already up more than 150% this year, are you better off waiting for a price pullback, or is AMD still a good buy right now?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.