The Motley Fool: Advanced Micro Devices good for a long-term bet
Investors can buy shares of AMD at a recent forward price-to-earnings (P/E) ratio of 25, attractive in comparison to the five-year average of 32. The stock makes sense as a long-term investment, though in the short run, it could face further challenges. (The Motley Fool owns shares of and recommends Advanced Micro Devices.)
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