$AMD(AMD)$ AMD's growth will outpace inflation, excellent fundamentals, very normal consolidation after significant run-up, everyone whom follows AMD knows Q4 earnings and guidance will be well above guidance as will future q's. AMD is in a rapidly growing market, chips are needed everywhere in the digital growth sector. I bought my shares at various price points starting at 73 as a long term hold. I watched AMD since approx. This is just the start for AMD as their turnaround story is moving successfully forward. At 164 many long folks said now 170, 200 ect.. higher ATH's/stock prices will happen..;slow and steady is healthy. AMD has a high beta meaning lots of volatility with ranges as high as 8-10 dollars daily hence traders short and long, options traders too are all in and out of AMD moment by moment.This is not a pump and dump as some writers are suggesting, this is just very normal consolidation after a fast run up after excellent Q3 earnings and forward guidance, a pump and dump moves stock too quickly, based on a house of cards, but AMD has stellar, solid fundamentals.
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