AMD, IBD Stock Of The Day, Nears Buy Point On PC, Gaming Strength
Investor's Business Daily · 8h ago
Zacks Market Edge Highlights: SOXX, Intel, NVIDIA, Advanced Micro Devices and Micron
Zacks Market Edge Highlights: SOXX, Intel, NVIDIA, Advanced Micro Devices and Micron
Zacks · 10h ago
Dow Jones Rallies Near Record Highs, As Tesla Races To More All-Time Highs; Snowflake Surges Past Buy Zone
Investor's Business Daily · 11h ago
Intel Stock May Have Hit Rock Bottom. How to Position for a Rally.
The “double up” strategy that lets investors keep their stock and position for a rebound at more favorable prices. We explain. · 15h ago
Advanced Micro (AMD) Up 13.5% Since Last Earnings Report: Can It Continue?
Advanced Micro (AMD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks · 1d ago
Is AMD Stock a Buy Right Now? This Is What You Need to Know
Advanced Micro Devices (AMD) has experienced incredible growth since almost going bankrupt in 2014. Alongside the massive share gains, the company is also now an industry heavyweight challenging both Nvidia and Intel for market dominance, in the GPU and CPU segments, respectively.The chipmaker has also set its sights on expansion. Its ambition stated with the pending $35 billion acquisition of semiconductor peer Xilinx.Some investors and Street commentators initially balked at the price AMD was willing to pay to bring Xilinx under the fold. But after taking a deep dive into the implications of the merger, RBC analyst Mitch Steves came away “incrementally more positive.”Steves’ confidence is based on several key points: “1) we think revenue synergies could be substantial and even if we use what we consider to be conservative estimates, we get to rev/EPS of $34B/$5.50 in EPS for 2025E, 2) cost synergies are likely understated at this time and if the business scales appropriately, additional scale benefits should flow through the model and 3) graphics growth is a notable wild card – both PCs and Data Center – while we retain our high conviction call on CPU share gains.”Of all the possibilities for synergies the merger represents, the 5-star analyst views the communications segment as “the most attractive.” The market is one which AMD has never addressed and estimated at $5 billion. Steves believes that within 2 years AMD can capture more than 10% of market share. Steves notes that CEO Lisa Su, whose impact in turning around AMD’s fortunes cannot be overstated, recently said that Xilinx’ relationships with industry heavyweights such as Samsung and Ericsson, can help AMD penetrate this untapped market.Accordingly, Steves reiterates an Outperform rating on AM, while lifting the price target from $92 to $100. The implication for investors? Upside of 15%. (To watch Steves’ track record, click here)Most of Steves’ colleagues agree, although not all are on the same page. Based on 13 Buys, 6 Holds and 1 Sell, the analyst consensus on AMD is a Moderate Buy. Given the $90.41 average price target, the Street anticipates the stock to stay range-bound for now. (See AMD stock analysis on TipRanks)To find good ideas for 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 · 2d ago
Are the Insiders Buying the Semiconductor Stocks?
The semiconductors are one of the best performing industries in 2020. It sends a powerful signal when the insiders jump in to buy more shares.
Zacks · 2d ago
Here's why Peloton and Zoom could still have room to run in a post-pandemic world
Zoom and Peloton have provided a compelling story for users to keep relying on their products, even when they're no longer required to remain indoors. · 2d ago
Microsoft gets bullish start at KeyBanc Gaming head discusses soft console stock
KeyBanc analyst Michael Turits starts Microsoft (MSFT) with an Overweight rating and $250 price target as part of a broader note on software stocks.Turits thinks Microsoft's combo of hyperscale cloud
Seekingalpha · 3d ago
'NVIDIA GeForce RTX 3000 Mobility Series Lineup, Roadmap 1H 2021 And AMD CPU Support!' -WCCFTech Report
Benzinga · 3d ago
Dow Jones Jumps 325 Points, As Trump Agrees To Biden Transition; Nio, Tesla Race To Record Highs
Investor's Business Daily · 3d ago
BofA expects growth takeoff for semiconductors, with trade/pandemic clouds clearing for its picks
BofA's bullishness on the semiconductor "state of the union" is undiluted, the bank notes in a new research update. The last few years in semis have seen 2% growth, weighed
Seekingalpha · 4d ago
M&A Is Back. These Industries Are Ready for More Deals. · 4d ago
Chipmaker AMD Nears Buy Point After Getting Bullish Analyst Report
Investor's Business Daily · 4d ago
Dow Jones Jumps 300 Points On New Coronavirus Vaccine News; Tesla Surges To Record High, While Nio Races Higher
Investor's Business Daily · 4d ago
Are The Best Mutual Funds Buying Your Watchlist Stocks? Here's How To Find Out
If you want to do effective research on the I in CAN SLIM, use MarketSmith and tools to find out whether mutual funds are bullish on a stock.
Investor's Business Daily · 4d ago
AMD, Twilio, Novocure Among 5 Stocks Flashing Multiple Buy Signals
Investor's Business Daily · 6d ago
Mysterious Mnuchin, Vaccines at the Ready, Carnival Isn't Cruising, 2 Big 'W's
Stephen Guilfoyle in his Market Recon column muses over the mysterious moves of Treasury Secretary Mnuchin, highlights the latest Covid-19 vaccine news, comments on Carnival's (CCL) planned bond offering and examines in the big "W"s in the charts of Advanced Micro Devices (AMD) and Tesla (TSLA)....PFE · 11/20 13:02
Stock Market Today: Flicker of Stimulus Hope Lifts Stocks
Reports that Sen. Mitch McConnell is willing to negotiate with Democrats on COVID stimulus helped stocks climb back into the black Thursday.
Kiplinger · 11/19 21:53
Black Friday 2020: Tips for buying the best tech gifts
Doing some Black Friday shopping? Follow these tips to make sure you get the best deals on exactly what you're looking for.
Yahoo Finance · 11/19 21:01
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About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company's segments include the Computing and Graphics segment, and the Enterprise, Embedded and Semi-Custom segment. The Computing and Graphics segment primarily includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment primarily includes server and embedded processors, semi-custom SoC products, development services, technology for game consoles and licensing portions of its intellectual property portfolio.