AMD(US:AMD) Seeking Alpha·2024-11-08 15:30Core Insights - Advanced Micro Devices, Inc. (NASDAQ: AMD) has seen its stock price retreat to $140, which is considered a buying opportunity with a technical target of $196 [1] - The investment strategy focuses on GARP (Growth at a Reasonable Price) and value stocks, emphasizing high-quality businesses with strong competitive advantages and significant growth potential [1] Company Analysis - AMD's current stock price of $140 is viewed as an entry point for investors, indicating a potential upside to the target price of $196 [1] - The investment approach prioritizes fundamentals and seeks stocks that are trading at a discount to their intrinsic value, ensuring a margin of safety [1] Investment Strategy - The long-term investment horizon is set at 5-7 years, aiming for wealth accumulation through compounding while also emphasizing downside protection [1] - The strategy may involve taking contrarian views during periods of market uncertainty, reflecting a flexible investment philosophy [1]