Is AMD Stock Buy, Sell, or Hold?
Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) ripped higher last week amid a broader chip-stock rally after blowout quarterly reports from Intel and Texas Instruments.
The stock rose to levels above $350 at one point on Friday, briefly putting AMD up about 65% in April alone. Even after a pullback early this week, shares are up about 49% year to date, obliterating the S 500's 4% gain.
Sure, AMD's recent business results have been impressive. But have they been good enough to justify a rally this big?
Source Fool.com
Advanced Micro Devices Inc. Stock
€288.80
4.440%
With 103 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
However, we have a potential of -4.78% for Advanced Micro Devices Inc. as the target price of 275 € is below the current price of 288.8 €.
