Is AMD stock a Buy Right Now?

No, AMD stock is not a buy right now. AMD will need to form a new base in the right market conditions before setting another potential buy point. Check out IBD's Big Picture column for the current market direction. The IBD Stock Checkup tool ranks AMD stock as eighth out of 39 stocks in IBD's fabless semiconductor industry group.

Should you buy AMD (AMD)?

One reason why investors may have panicked following AMD's latest guidance is its valuation. The stock trades at 12.7 times sales. That's rich when we consider that the S&P 500 carries an average price-to-sales ratio of 2.7. What's more, fast-growing AI stocks such as Super Micro Computer can be bought at a much lower sales multiple.

How strong is AMD (AMD) stock?

AMD stock has an IBD Relative Strength Rating of 39 out of 99. The Relative Strength Rating shows how a stock's price performance stacks up against all other stocks over the last 52 weeks. The best growth stocks typically have RS Ratings of at least 80. AMD stock carries an IBD Composite Rating of 65 out of 99.