Increasing revenue, assets and decreasing liabilities throughout 2016 are definitely telling us company's doing good. However, sixfold increase in price is nuts compared to AMD's actual achievements.
Ratios support this point of view:
PE: 241.40 (forward PE, current one is negative)
Intel's PE: 17.98
Price/Book: 29.01
Intel's Price/Book: 2.86
Be careful, now bullish, will still be going up, but likely hit the ceiling soon.
Earnings are on the 17th of January, will keep an eye on it at the time.
Ratios support this point of view:
PE: 241.40 (forward PE, current one is negative)
Intel's PE: 17.98
Price/Book: 29.01
Intel's Price/Book: 2.86
Be careful, now bullish, will still be going up, but likely hit the ceiling soon.
Earnings are on the 17th of January, will keep an eye on it at the time.