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Nasdaq AMD

Stock Market Correction: Buy These 2 Stocks to Help You Retire Rich

4 years 3 months ago
GitLab (NASDAQ: GTLB) and Advanced Micro Devices (NASDAQ: AMD) are two growth stocks that reported strong momentum in their first-quarter results this year. Both stocks have been hit hard by the market sell-off, but these companies have a long runway of growth ahead and should be
The Motley Fool

2 Reasons to Buy AMD Now, and 1 Reason to Wait

4 years 3 months ago
The first half of 2022 is all but over, and it's been a lousy one for the stock market. The Nasdaq Composite index is down 29.3% year to date. But some individual Nasdaq stocks are down even more. Take Advanced Micro Devices (NASDAQ: AMD); it's down 42.7% so far this year.
The Motley Fool

3 Tips and Tricks That Have Helped My Investing Mindset

4 years 3 months ago
Even long-term investors can experience mental and emotional pain during these drawdowns. Today's video focuses on investment mindset tricks that help me keep the long-term mentality during these volatile times. Check out the short video below to learn more.
The Motley Fool

Noteworthy Friday Option Activity: SBUX, PENN, AMD

4 years 3 months ago
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Starbucks Corp. (Symbol: SBUX), where a total volume of 38,780 contracts has been traded thus far today, a contract volume which is representative of approximate
BNK Invest

7 Top Stocks to Buy Now (High Growth)

4 years 3 months ago
This video breaks down top stocks to buy now. These high-growth stocks are worth accumulating at these levels and lower for long-term investors with 2030 time horizons and beyond. Growth investors focus on secular growth trends and disruptive technologies such as:
The Motley Fool

Morgan Stanley Pounds the Table on AMD Stock

4 years 3 months ago

With the seemingly endless selection of headwinds plaguing 2022, this year is panning out like no other in recent times. Just ask investors in Advanced Micro Devices (AMD). After making a habit of consistently outperforming the market, AMD shares have been on the backfoot in 2022 (down 43%) – a highly irregular occurrence.

Yet, according to Morgan Stanley’s Joseph Moore, despite the macro uncertainty, it is now time investors cotton on to the opportunity following the stock’s decline.

“While the demand picture across all of the end markets is mixed given the plateauing economy, we think that the stock has over-corrected - we see share gains and mix improvement allowing them to power through more than most with double digit growth next year, and with the stock down over 48% from its 4Q21 highs, we see the risks as largely priced in," Moore said.

That’s not to say there aren’t any valid concerns regarding the economy’s downturn and the implications on AMD’s business – particularly on the consumer side, which Moore thinks is likely the main culprit behind the share price weakness.

And with PC processors, graphics, and consoles accounting for 55% of revenues, the analyst is expecting a “meaningful correction” in PC over the next few quarters. That said, even with the concerns around the consumer-linked end-markets, Moore believes AMD is not as exposed compared to other major competitors.

And providing a counterpoint, with data center plus Xilinx products now representing around 50% of gross profit dollars, and both boasting “strong share gain potential,” over the next 2-3 years, Moore thinks that figure could move up to around 65%-70%. As such, even though the analyst is cautious on the general state of semiconductors, AMD’s “strength in server” should enable it to keep showing “solid growth at a now-reasonable valuation.”

To this end, Moore resumed coverage of AMD stock with an Overweight (i.e., Buy) rating and a $103 price target. Should that figure be reached, investors are looking at 12-month gains of 25%. (To watch Moore’s track record, click here)

Amongst Moore’s colleagues, AMD’s ratings are mixed, although the bulls remain in charge; based on 15 Buys vs. 10 Holds, the stock claims a Moderate Buy consensus rating. The average price target is more bullish than Moore will allow; at $136.71, the figure represents one-year upside of ~66%. (See AMD stock forecast on TipRanks)

To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

TipRanks

Interesting AMD Put And Call Options For August 5th

4 years 3 months ago
Investors in Advanced Micro Devices Inc (Symbol: AMD) saw new options begin trading today, for the August 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AMD options chain for the new August 5th contracts and identified one put and
BNK Invest

Here Is Some Bullish News for AMD Investors

4 years 3 months ago
Today's video focuses on a recent analyst upgrade on Advanced Micro Devices (NASDAQ: AMD) and reports of a healthy semiconductor manufacturing market with Taiwan Semiconductor Manufacturing (NYSE: TSM) gaining market share. Check out the short video below to learn more.
The Motley Fool

Smart Investing in a Bear Market

4 years 3 months ago
The bear that's been lurking on Wall Street all spring finally stepped out of the shadows on June 13, taking hold of what is now officially a bear market. The S&P 500 dropped nearly 4% in a day, erasing $1.28 trillion in a single trading session.
Kiplinger
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22 minutes 11 seconds ago
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