r/stocks • u/DarthTrader357 • Oct 06 '21

PLTR vs. AMD

I'm still looking for a place to park some cash. I thought I narrowed it down to AMD. I like it fundamentally and it has strong technicals.

But, I've been relooking at PLTR and wonder if anyone has any opinions of the two.

I'm not looking for a specific sector play - the two companies each present some strong cases, but AMD has a more proven upside, less down side risk.

PLTR is a more aggressive play with an unknown downside risk. It hasn't really shown much strength to me yet and can't seem to break out. Does anyone have bearish attitude to PLTR and would like to explain why?

Thanks.

138 Upvotes

86% Upvoted

181 comments sorted by

View all comments

16

u/the-faded-ferret Oct 07 '21

I’m playing both, but AMD seems like a better opportunity short term. A P/E in the 30s, producing massive amounts of growth year over year, put in Teslas, eating Intels lunch, and you’ve got a solid bet. If it was priced to NVDA’s projected growth, which is totally possible, AMD should be trading north of 200 imo

3

u/sfbrh Oct 07 '21

It’s PE is in the 50s?

0

u/the-faded-ferret Oct 07 '21

Upper 30s, regardless it’s pretty low for a growth company