AMD's Price Is Playing With Fire, But The Valuation Will Go Higher (NASDAQ:AMD)

Since my last analysis on Advanced Micro Devices, Inc. ( AMD ) stock, the price has risen by 22%. I leaned cautious in my previous two analyses on AMD because the valuationAnalyst’s Disclosure:I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is ...