Summary

• Advanced Micro Devices, Inc. has just realized an outstanding ride on its stock price. My Strong Buy article from barely over a year ago shows over 300%+ return.
• But now, I have decided to trim my position. I don't think the ride will last forever, and I recommend investors consider locking in some profits.
• I don't think AMD's over 60x P/E valuation is justified by its growth potential.
• AMD's multiple is over twice as high as NVDA's and nearly over 4x as high as MU's.
• I think there will be a pullback once Mr. Market realizes the hype went too far. That's why I sold 50% of my shares in AMD.

Previous Articles I Wrote About AMD

I have covered Advanced Micro Devices, Inc. (AMD) more than a few times since I started on Seeking Alpha. Each article I published was either a buy or

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