AMD Stock Just Fell Below the Price I Said I'd Pay for It.

AMD shares dropped 17% on November 5th to $404.40 amid broad semiconductor sector selloff driven by election-related AI data center concerns. Despite the stock decline, AMD's business fundamentals remain strong with 2027 revenue expected to grow over 80% and earnings projected to double. The analyst views the current price as an attractive entry point, recommending a dollar-cost averaging approach to accumulate shares below his $480 target price.