Key insights
- A retail investor expresses concern over AMD's recent surge, now comprising 80% of their portfolio. The investor questions AMD's valuation at $450 and seeks advice due to a lack of recent market engagement. This highlights potential retail over-exposure to a single stock and suggests possible profit-taking pressure if more investors share similar sentiments, creating a slightly bearish signal for AMD.
I bought AMD back in 2021 for ~$60 per share. I simply liked their products, I thought they did processors better than Intel, so I bought all I could afford which was about 11 shares.
It’s always performed well for me, but now more than ever it dominates my tiny portfolio. Making up about 80% of my holdings. Now that in the past 2-3 months it’s gone berserk, I’m starting to stress about how to play this. I have always enjoyed the company, I think it’s led well, but holy crap $450 per share? What? There’s no way they maintain that.
Part of the problem is my own in that I really tuned out of making any investments the last 2-3 years due to paying off debts and buying a home. I am ill prepared on how to make an informed decision here (if any decision at all).