Semiconductors took quite a hit last night.
The Philadelphia Semiconductor Index fell 7.2%.
$AMDB fell 10.9%.
$NVDAB fell 4.2%.
But what I’m more focused on now is:
Have earnings forecasts for the future fallen in line with the share prices?
If fundamentals haven’t deteriorated significantly, the valuation adjustment could create an opportunity.
I’ll keep watching—no rush to buy the dip.
The Philadelphia Semiconductor Index fell 7.2%.
$AMDB fell 10.9%.
$NVDAB fell 4.2%.
But what I’m more focused on now is:
Have earnings forecasts for the future fallen in line with the share prices?
If fundamentals haven’t deteriorated significantly, the valuation adjustment could create an opportunity.
I’ll keep watching—no rush to buy the dip.
