Here is the near term future for AMD.

Here is the near term future for AMD.

You see what is going on with macro factors of Inflation, the Fed’s stance and Covid driving most of the entire market. But it’s not all of the market!

It’s instructive to see what is bucking the current trend and understand why.

take a look at two companies, Salesforce and Snowflake. What happened to Snowflake? And why did it NOT happen to Salesforce? There is Just one reason…

GROWTH !

It’s not value. It’s not the valuations. It’s not low beta stability. If it had been Salesforce would be green too! And Macro market be danged ! And forget Cramer who sold his 80% gain on AMD yet held onto his 150% gain on Nvidia!

So as we go forward in December with AMD news releases in preparation for CES in January, and as we finally have our merger closing it will be the GROWTH factor that will dominate, just like Snowflake did today.

It’s the 65% forward growth guidance that will propel AMD out of the rough and separate wheat from the chaff.$AMD(AMD)$ $Salesforce.com(CRM)$ $Snowflake(SNOW)$ $NVIDIA Corp(NVDA)$