Buy Advanced Micro Devices, Inc. (AMD) Stock for Big Rebound Profits

Up 13 percent in 5 trading sessions is AMD Stock Still A Good Buy

The stock plunged -15.34 percent over the past quarter, while surged 81.41 percent over the past six months. The brokerage now has a $10.50 price target on the semiconductor manufacturer's stock. For Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. was covered by a number of analysts recently, 6 rated the stock as Buy, 14 rated Hold, 2 rated sell and 2 gave an Underperform. The rating was upgraded by Mizuho to "Buy" on Tuesday, December 20. Only one brokerage, i.e. Loop Capital, has downgraded the stock to a Hold rating from Buy.

Susquehanna Financial Group analyst Mehdi Hosseini maintained his neutral rating on Applied on Tuesday, but upped his price target to 40 from 35.

Advanced Micro Devices, Inc. closed its last trading session at $12.75 with the loss of -12.16%. Latest closing price was -4.99% below its 50-day moving average and 10.83% above its 200-day moving average.

AMD has a 1-year high price of $ 15.55 and 1-year low price of $3.69. The relative volume of the stock is 2.28, while its market cap is $10.72 Billion. Hap Trading has 0.01% invested in Advanced Micro Devices, Inc.

Options volume spiked in the name today, with heavy interest in May $12 calls and puts. Wells Fargo & Co restated an outperform rating and issued a $14.00 price objective (up from $12.00) on shares of Advanced Micro Devices in a report on Tuesday, May 2nd.

More news: Ransomware WannaCry: Uttar Pradesh police lists 5 steps to save your computer

According to analysts Adv Micro Devices (NASDAQ:AMD)'s minimum EPS for the current quarter is at $-0.01 and can go high up to $0.01. The analysts estimated EPS for the higher end at 0.01 and lower end at -0.01 while the year ago reported earnings per share was -0.04. Intel was licensing NVIDIA's IP at a fee of $1.5B over 5 years, or $300M in annual licensing fees.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Advanced Micro Devices, Inc. the EPS stands at -0.04 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.04, suggesting the stock fell short of the analysts' expectations.

ILLEGAL ACTIVITY NOTICE: "Advanced Micro Devices, Inc. (AMD) Price Target to $20.00" was published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and global copyright laws. The deal that the company signed with NVIDIA in 2011 was actually to settle a lawsuit by the latter over claims of patent infringement. The share last price represents downtick move of -14.99% in value from company's 52-Week high price and shows -1.25% behind change in value from its 52-Week low price. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 87,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $10.24, for a total value of $896,000.00. Following the sale, the insider now directly owns 29,147 shares of the company's stock, valued at approximately $298,756.75. The disclosure for this sale can be found here.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Hedge funds have recently modified their holdings of the company. Advisor Partners Ltd Limited Liability Company has 0.04% invested in Advanced Micro Devices, Inc. Monashee Investment Management LLC bought a new position in Advanced Micro Devices during the third quarter worth $9,536,000. Gilder Gagnon Howe & Co.

Integral Derivatives Llc increased Aet (Put) (NYSE:AET) stake by 38,700 shares to 52,100 valued at $6.46M in 2016Q4. However, when recommending AMD, the analyst earns a -1.2% average profit on the stock. Finally, Janney Montgomery Scott LLC raised its position in Advanced Micro Devices by 91.0% in the first quarter.

Related News:

  • Cannes 2017: Deepika Padukone styles up with smoky eyes, thigh-high slit

    Cannes 2017: Deepika Padukone styles up with smoky eyes, thigh-high slit

    Instead, on this year's red carpet, the Chinese actress is introducing her alter ego, the Cannes judge who wears subdued colours. Emily Ratajkowski wore a sexy, sleek number, while Lily Rose Depp looked like a grecian goddess in her gold leaf detail dress.
    Chelsea Manning celebrates release from prison: 'First steps of freedom'

    Chelsea Manning celebrates release from prison: 'First steps of freedom'

    May 17, 2017: Manning is released from lockup at Kansas' Fort Leavenworth, on the date Obama's clemency order had directed. After the sentencing, the ex-intelligence agent changed her name to Chelsea Manning and identified as transgender.
    Deere Announces Earnings for Second Quarter

    Deere Announces Earnings for Second Quarter

    Deere & Company (NYSE:DE) reported a Q2 profit that increased 62% over last year's comparable period on revenue that was up 2.1%. As a result, we have raised our forecast and are now calling for significantly higher earnings for the full year.
  • Trump's First Oversees Trip As President

    The summit will address three critical areas of concern: US-Saudi relations, US-GCC relations and Islamic-American relations. Trump will try to leave his troubles behind him tomorrow as he departs on the first foreign trip of his presidency.
    Macron wins Merkel backing for bid to shake up Europe

    Macron wins Merkel backing for bid to shake up Europe

    German Chancellor Angela Merkel may have broken with protocol to back Emmanuel Macron's candidacy. Macron wants to create a common Euro zone budget, parliament and finance minister.
    Honoring Minnesota officers killed in the line of duty

    Honoring Minnesota officers killed in the line of duty

    The color blue is in honor of police officers who have been killed and disabled during the line of duty. This week is National Police Week , a week to honor law enforcement across the country.
  • Rohit, Shami included in India's Champions Trophy squad

    Shami's absence from the ODI scene stretches back even further, the seamer last featuring at the World Cup in March 2015. MSK Prasad said that they will be grooming Rishabh Pant just like Hardik Pandya and Jasprit Bumrah have been groomed.

    Autodesk, Inc. (ADSK) Rating Increased to Outperform at Wedbush

    The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . In other Autodesk news, CEO Andrew Anagnost sold 5,540 shares of Autodesk stock in a transaction on Monday, March 13th.
    Indian migrant worker dies after leaving Qatar World Cup venue

    Indian migrant worker dies after leaving Qatar World Cup venue

    So far, two people have died while working on stadium sites, including a British man who fell to his death at Khalifa Stadium. Pictures of the very first stadium, the Khalifa International, have surfaced online and many have praised its design.
  • ICC Champions Trophy 2017: Rohit Sharma, Mohammed Shami recalled to India's squad

    Mumbai: India on Monday announced the 15-member squad for the Champions Trophy to be played in England between June 1-18. Mahendra Singh Dhoni : India lifted the Champions Trophy last time under Dhoni.

    Roger Ailes, Former Fox News CEO, Dead At 77

    Some will mourn, some will cheer, but there is no doubt that Roger Ailes left his imprint on the Media establishment in America. Ailes was the former Fox chairman and CEO of the network until he stepped down amid a sexual harassment scandal last summer.
    Embattled, Trump laments 'witch hunt' as divisive and distracting

    Embattled, Trump laments 'witch hunt' as divisive and distracting

    Former FBI chief Robert Mueller has been appointed for the post which has been welcomed by politicians of both the parties. I think it divides the country, I think we have a very divided country because of that and many other things.


Most liked

ICC Champions Trophy 2017: India announce squad; Rohit Sharma, Ajinkya Rahane included
Manish last played for India against New Zealand in October 2016. "Looking forward to Champions Trophy", he concluded. India begin their Group B campaign against arch-rivals Pakistan at Birmingham on June 4.

Chaffetz will resign, raising doubts about Trump probe
None of the Republicans running for office should expect an endorsement from Chaffetz until a nominee has been selected, he said. On Wednesday, he scheduled a hearing for next week in anticipation that Comey might testify.

Muslim women can opt out of triple talaq, AIMPLB tells SC
Giri also argued that unless there are statutory inroads into personal laws, the courts can not test or strike them down. Kapil Sibal, senior counsel representing AIMPLB, informed the five-judge bench headed by Chief Justice of India J.S.

'Aquaman' Photos Leaked Of Mera
Amber took to Instagram that day to post a photo of herself getting her makeup done while reading the original Aquaman comic. Heard and " Aquaman " director James Wan shared photos of Heard in character as Aquaman's love interest, Mera, on Thursday.

Confederate Monument No. 3 Down, but 4th Won't Be So Easy
The bill allows local governments to take down a memorial only if voters approve the action at "an election held for that goal ". Dylann Roof, an avowed racist, shot and killed nine black parishioners at the Emanuel African Methodist Episcopal Church.

Senate Judiciary Committee also demands Comey memos, Trump tapes
Rosenstein had been put in charge of the probe as soon as he was confirmed because Attorney General Jeff Sessions recused himself. He also highlighted the "very, very strong recommendation" he got from Deputy Attorney General Rod Rosenstein.

World Leaders Condemn North Korea Missile Test
The spokesman declined to say where it was bound and added he was not aware how long the Carl Vinson would remain in the region. Kim Jong-un personally oversaw the missile launch on Sunday , and was pictured celebrating with his officials afterward.

Taylor Swift 'is dating actor Joe Alwyn'
Swift's rumored low-key relationship with Alwyn is a 180 from her high-profile romance with Tom Hiddleston last summer. However, The Sun claims that the singer has been spending time with Alwyn in North London over the past few months.

2016 list: Most popular baby names in Maine
Music fans will recognize Kehlani from artist Kehlani Parrish, and Star Wars fans will remember Kylo from "The Force Awakens". In fact, Emma and Noah have stolen the top spots in the US for three years in a row, according to the administration's lists.

Here's everything you need to know about Billboard Music Awards 2017
The Billboard Music Award is an honour given by Billboard , a publication and music popularity chart, covering the music business. Billboard ranks potential winners based on their song sales, streams, radio airplay, live tours and social engagement.

Real Madrid would be deserving La Liga champions - Casemiro
Once again Ronaldo made the difference as he took his tally to 13 goals in his last eight games with early strikes in each half. Then again, they all said the Copa del Rey tie earlier this season was only going to have one victor ....

Joe Biden says he could be open to presidential run
But Biden said Obama promised him he'd be the last guy in the room on every important issue - a promise that was ultimately kept. Biden also said he would have been a better candidate than Hillary Clinton in 2016 race, The Hill reported .

Britain's Labour launches 'radical, responsible' election manifesto
The election manifesto for the main opposition party published yesterday confirmed numerous promises in a leaked draft last week. The change appears to suggest the Labour vote is continuing to trend upwards as election day looms.

Vietnamese Gov't issues warnings against WannaCry ransomware ransomware
Lots of users, particularly those who are overseas, don't use automatic updates and leave their systems vulnerable, he said. In the UK's National Health Service, which was particularly badly hit, at least 47 organisations were affected.

US officials criticize Turkey after attack on DC protesters
She said a bodyguard threatened to kill her. "And this kind of thing can not go unresponded to diplomatically". He also warned that Turkey would respond to any threat posed to it. "There must be consequences", Rep.