Should I buy Nvidia or AMD stock? (2024)

Should I buy Nvidia or AMD stock?

Nvidia's strong financial performance and market dominance suggest it may be a more favorable investment option compared to AMD. Nvidia exhibits superior financial metrics and dominates the data center market.

Is it better to invest in Nvidia or AMD?

Considering their current positions, these projections would see AMD's stock rise 99% and Nvidia's 41% by fiscal 2026. Alongside heavy investment in AI and potentially more room to run, AMD is the better AI stock over Nvidia and a screaming buy this month. Dani Cook has no position in any of the stocks mentioned.

Can AMD go as high as Nvidia?

It could still have a bright future

AMD is still a promising semiconductor play, but its broader diversification, slower growth rates, and lower market share should prevent it from becoming the "next Nvidia" over the next few years.

Is AMD a long term buy?

Over the long term, GPU sales have the potential to outpace CPU losses. AMD has a solid outlook over the long term, and earnings-per-share (EPS) estimates seem to support this. The table above shows AMD's earnings could hit just above $7 per share over the next two fiscal years.

Does AMD make more money than Nvidia?

Comparisons Between AMD and Nvidia

In the last 12 months (LTM), Nvidia has reached revenue of $60.9 billion. By comparison, AMD's LTM revenue has totaled a more modest $22.6 billion. It's worth remembering that Nvidia has already set revenue guidance of approximately $24 billion for the next quarter.

Is Nvidia a safe long term investment?

Multiple catalysts make Nvidia a solid long-term buy. As the following chart shows, Nvidia's growth has taken off from the end of 2022. NVDA Revenue (Quarterly) data by YCharts. The company's data center business has played a central role in this growth.

Why is AMD a strong buy?

While the roads in the AI chip sector mostly lead to Nvidia, AMD presents a great alternative with its lower price-to-sales ratio and potential. AMD is set to get into the ring with Nvidia and its MI300 chip series, backed by giants like Meta Platforms.

Could investing $20,000 in Nvidia make you a millionaire?

Key Points. Nvidia's stock has seen extraordinary growth over the last decade, but maintaining its recent 67% annual return rate is unlikely in the future. Investing $20,000 in Nvidia in 2016 could have made you a millionaire by 2024.

Is AMD a good stock to buy now?

Based on analyst ratings, Advanced Micro Devices's 12-month average price target is $202.81. Advanced Micro Devices has 38.30% upside potential, based on the analysts' average price target. Advanced Micro Devices has a conensus rating of Strong Buy which is based on 29 buy ratings, 6 hold ratings and 0 sell ratings.

Is AMD a good buy 2024?

Alongside potential in AI, AMD could be in for a stellar growth year in 2024. Earnings-per-share (EPS) estimates align with the company's potential, with its stock projected to soar in its next fiscal year. This chart shows AMD's earnings could hit just over $5 per share by the end of its next fiscal year.

Is AMD a buy sell or hold?

AMD stock has received a consensus rating of buy. The average rating score is and is based on 79 buy ratings, 18 hold ratings, and 0 sell ratings. What was the 52-week low for AMD stock?

How high will AMD stock go?

Stock Price Forecast

The 31 analysts with 12-month price forecasts for AMD stock have an average target of 193.29, with a low estimate of 120 and a high estimate of 270. The average target predicts an increase of 24.53% from the current stock price of 155.21.

Will AMD pay a dividend?

There are no plans at this time to offer a dividend.

Is Nvidia stock a buy?

Nvidia has 14.96% upside potential, based on the analysts' average price target. Is NVDA a Buy, Sell or Hold? Nvidia has a conensus rating of Strong Buy which is based on 39 buy ratings, 2 hold ratings and 0 sell ratings.

Who competes with NVDA?

The main competitors of NVIDIA include Broadcom (AVGO), Taiwan Semiconductor Manufacturing (TSM), Alphabet (GOOG), Alphabet (GOOGL), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), QUALCOMM (QCOM), Intel (INTC), and Texas Instruments (TXN). These companies are all part of the "computer and technology" sector.

What if you invested $1,000 in Nvidia 10 years ago?

So, if you had invested in Nvidia ten years ago, you're likely feeling pretty good about your investment today. According to our calculations, a $1000 investment made in March 2014 would be worth $172,169.75, or a 17,116.97% gain, as of March 1, 2024.

Why is everyone buying Nvidia stock?

Nvidia's fans argue that its yawning lead was earned by making an early bet that AI would take over the world — its chips are worth the price because of its superior software, and because so much of AI infrastructure has already been built around Nvidia's products.

Can Nvidia go to $1000?

While possible rival products and high investor expectations could drive down Nvidia's stock price, I favor the view of optimists such as Morgan Stanley analyst Joseph Moore, who raised to $1,000 his price target on the GPU maker's stock, according to InvestorPlace.

Why do people prefer AMD?

AMD still tends to have lower actual TDP than Intel, which is more efficient in a laptop and easier to cool in a desktop. If you're going to use the integrated GPU, RDNA generally performs better in games. I have linux a notebook with the AMD Ryzen 7 5700u and a Mat screen. Its pretty great on battery (6+ hrs).

What will AMD stock be worth in 2030?

Despite its remarkable growth over the last five years, it will still be a heavy lift for AMD to hit $1 trillion by 2030. The company's market cap would need to nearly quadruple. That implies a CAGR of 27.5%.

Is AMD a better stock than Intel?

Key Points. AMD has dominated the rivalry between the two companies for the last several years. Intel has released new chips and expanded into manufacturing, which could redefine its value proposition. AMD's past success has given it a better stock performance, but also a higher valuation.

Does Warren Buffett own Nvidia stock?

Berkshire Hathaway Doesn't Hold Nvidia Stock—Will Warren Buffett Come to Regret it?

What will Nvidia be worth in 2030?

Assuming Nvidia is still trading at the same forward P/E, its stock price could reach $3,360 by the end of 2030, or 328% above the current share price. That would put its market cap at over $8 trillion.

Can Nvidia stock make you rich?

Nvidia (NASDAQ: NVDA) is a prime example of what a successful buy-and-hold investment can deliver over the long run. An investor who put $10,000 into Nvidia stock a decade ago and held on would be sitting on a position worth more than $1.8 million right now and more than $1.9 million with dividends reinvested.

Why AMD stock is falling?

AMD shares dropped more that 8% on Thursday as interest-rate-cautious investors reassess the chipmaker's outlook and valuation. AMD trades at a higher forward earnings multiple than other AI chip stocks, such as Marvell Technology, Intel, Nvidia, and Broadcom.