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AMD at $80: Buy, Hold, or Sell?

TheMotleyFool

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Advanced Micro Devices (NASDAQ: AMD) stock has been in top form in the market in 2020, rising to a new all-time high at the end of August to more than $90 a share thanks to terrific momentum across its different businesses.

But the last two months haven't been great for the chipmaker -- AMD stock is down nearly 13% since the beginning of September and is now trading at around $80 a share. Should investors treat this as an opportunity to buy more shares of this high-flying (if volatile) tech stock, or book their profits to avoid the possibility of more downside?