Up Over 2x In 2023 Is AMD A Better Pick Over Union Pacific Stock?
From Nasdaq:
The stock market has become crowded with investments, and now there’s a growing need to compare different investments in order to make the best possible choice. It is believed that AMD stock is the better option compared to Union Pacific stock.
UNP stock has seen gains of 15% in the past three years, while AMD stock has seen incredible gains of 95% over the same period. Regardless of these stock’s gains, returns for UNP were 21% in 2021, -18% in 2022, and 19% in 2023, AMD returns saw a 57% in 2021, -55% in 2022, and 128% in 2023.
Union Pacific’s revenue growth has been 5.1%, driven by demand recovery and substantial pricing gains. In contrast, AMD’s revenue growth over the past few years has been 52.3%, driven by an increase in the use of its EPYC processors.
AMD might be the smart investment option as it is expected to offer better returns over Union Pacific in the next three years due to its better revenue growth and financial position. Despite AMD not being a cheap stock, the next three years could see a 40% uptick in the stock.
Even though AMD might see better returns over the next three years, it is important to also look at how its peers fare. After all, returns are crucial in investing.
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