Once dividend is paid stock could go a lot lower and hit a new 52 week low
In my opinion only, once dividend payment is paid, it could possibly go a lot lower. Analysts downgraded it to a $18 to $20 range. The stock is overpriced and overvalued right now at the present time. It is possible it might hit a new 52 week low.Right now this is dead money and people are realizing that it is fallen dinosaur. Seeking more investment opportunities in a growing field with a company that has vision and could possibly be the next leader in this field. AMD has a good potential of doubling and tripling and becoming a new leader with their technology. Let us compare Intel. What is the possibility of this overvalued and overpriced stock doubling and tripling? What is the possibility of this hitting newer lows? AMD is undervalued and underpriced. What is the possibility of this doubling and tripling and hitting newer highs? This has a possibility of hitting newer highs before it pulls back and hits newer lows. The rising giant (AMD) or the fallen giant (Intel)? Which stock would you rather own? you decide.