Should You Buy AMD Stock on the Dip?

By Parkev Tatevosian, CFA – May 3, 2024 at 5:00AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$266B

Today's Change

(1.14%) $1.85

Current Price

$164.47

Price as of May 17, 2024, 4:00 p.m. ET

AMD stock fell after disappointing stock market investors.

Fool.com contributor Parkev Tatevosian reviews AMD's (AMD 1.14%) latest quarterly investor update and answers if the stock is a buy at current valuations.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on May 2, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.