Better Growth Stock: Apple vs. AMD
It's generally best to approach the stock market with a long-term perspective, as holding over many years can shield your investment from temporary headwinds. Growth stocks are an excellent place to start, and the tech industry is filled with attractive options.
Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) are worth considering, with one dominating consumer tech and the other a leading chipmaker. Both companies have enjoyed triple-digit stock growth over the last five years but are down since the start of August after less-than-ideal earnings results. However, their long-term outlooks remain strong thanks to their participation in multiple high-growth industries.
As a result, now could be an excellent time to buy the dip on one of these tech giants. So, let's assess whether Apple or AMD is the better growth stock.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 113 Buy predictions and 3 Sell predictions.
With a target price of 213 € there is a slightly positive potential of 17.68% for Advanced Micro Devices Inc. compared to the current price of 181.0 €.
