AMD - Advanced Micro Devices, Inc.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 53.63 |
| Open | 53.45 |
| Bid | 0.00 x 2900 |
| Ask | 0.00 x 2900 |
| Day's Range | 52.01 - 53.57 |
| 52 Week Range | 27.43 - 59.27 |
| Volume | 42,855,210 |
| Avg. Volume | 78,755,181 |
| Market Cap | 62.706B |
| Beta (5Y Monthly) | 2.17 |
| PE Ratio (TTM) | 125.68 |
| EPS (TTM) | 0.43 |
| Earnings Date | Jul 28, 2020 - Aug 03, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Apr 27, 1995 |
| 1y Target Est | 53.89 |
- Investor's Business Daily
Here Are The 12 Places Real Money Is Made In June
June isn't usually a great month for S&P; 500 stocks — but it's not all gloom if you know which sectors and companies to look at.
- Investor's Business Daily
Breakout Watch: Tesla Stock Gaps Up Into Buy Zone
As SpaceX successfully takes flight, Elon Musk-chaired Tesla stock also rockets higher, and is added to Leaderboard.
- Investor's Business Daily
Dow Jones Today, Stocks Up-And-Down Amid Unrest; Tesla, Zoom Video Jump; Pfizer Tumbles On Trial Fail
Zoom Video, Moderna and Tesla were early leaders. Stock futures traded lower and Pfizer dragged on the Dow.
- TipRanks
AMD Can Keep the Rally Alive, Says Top Analyst
Amid so much uncertainty and chaos in 2020, there’s one thing you can depend on: Advanced Micro Devices (AMD) will continue charging ahead. It has been five years of incredible gains for the chipmaker, up by an amazing 2,284% since 2015. As the second half of 2020 nears, is it time for sentiment to swing negative on AMD shares?Not in the slightest, argues Northland analyst Gus Richard. Rather, the 5-star analyst expects “a strong 2H for AMD.”The analyst’s assumption is based on a belief that with so many possible macro headwinds on the horizon, the companies destined to perform well are those with a “robust product cycle,” and accordingly, AMD fits the bill.“In our view, AMD is well positioned for 2H:20 as new game consoles launch for the holiday season, and server market share gains accelerate as Milan ramps in Q4. Moreover, we believe these products are relatively immune if the macro weakens,” said Richard.It should be noted that the highly anticipated release of AMD’s third-generation EPYC processors, code-named Milan, is expected later this year. Based on AMD's 7nm Zen 3 architecture, the CPU will be able to take on practically any task in the data center market. Richard believes “Milan’s performance will demonstrate how far ahead AMD is in terms of performance in the server market.”As for that other catalyst, Sony’s PlayStation 5 and Microsoft’s Xbox Series X will be launching in time for the 2020 holidays, with both containing custom made AMD chips.Not only does Richard argue AMD will perform well through the uncertain 2020 macro landscape, but he also believes one specific headwind could actually fuel further sales.Richard explained, “We believe COVID-19 likely will amplify demand for new game consoles during the holidays. We are conservatively modeling console revenue to be a little over a $1 billion in CY20. We would expect consoles to be supply limited and demand to remain strong into Q1 driving upside to our model. In addition, as the holidays approach there will likely be a flood of publicity to stoke demand.”To this end, Richard has an Outperform rating on AMD in tandem with a $67.50 price target. Investors will be pocketing a 26% gain, should the analyst’s thesis play out over the next year. (To watch Richard’s track record, click here)The rest of the analyst fraternity is split into two main factions when considering the chipmaker’s prospects. However, the bulls have a slight edge. Based on 14 Buys, 10 Holds and 1 Sell, the consensus marks AMD as a Moderate Buy. At $56.43, the average price target implies upside potential of 5%. (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.
- Benzinga
Option Traders Make Big Bullish Bets On AMD, Texas Instruments
Semiconductor stocks have held up relatively well in 2020 compared to the broader market. However, chip companies linked closely to graphics and gaming, such as Advanced Micro Devices, Inc. (NASDAQ: AMD) have performed much better than semi stocks that are heavily reliant on industrial and automotive end-markets, such as Texas Instruments Incorporated (NASDAQ: TXN)On Tuesday, option traders were making large bets on both stocks.The TradesOn Tuesday, Benzinga Pro subscribers received several option alerts related to unusually large trades of AMD and Texas Instrument options. Here are a handful of the largest: * At 10:10 a.m., a trader bought 3,378 Texas Instrument call options with a $120 strike price expiring on Sep. 18 near the ask price at $8.711. The trade represented a $2.94 million bullish bet. * At 10:25 a.m., a trader sold 1,500 AMD put options with a $52.50 strike price expiring in January 2022 at the bid price of $13.151. The trade represented a $1.97 million bullish bet. * At 10:58 a.m., a trader bought 1,981 AMD call options with a $53 strike price expiring on Friday at the ask price of 94 cents. The trade represented a $186,214 bullish bet. * At 101:15 a.m., a trader bought 437 AMD call options with a $40 strike price expiring on Jan. 15, 2021 near the ask price of $15.998. The trade represented a $699,112 bullish bet.Why It's Important Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock.Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge. In this case, given the relatively large sizes of the largest option trades, they could certainly represent institutional hedging.Green Light For Semi Stocks?The four large trades in AMD and Texas Instruments mentioned above were all bullish in nature, but the bull thesis for the two stocks may be completely different. Although they're both semiconductor stocks, AMD is heavily exposed to the PC gaming GPU market. Bank of America analyst Vivek Arya on Tuesday named AMD one of his top stock picks in what should be a huge year for GPU makers."While the current global health crisis could present a host of challenges, near-term demand (particularly for high-end gaming GPUs) has been boosted by global shelter-in-place orders," Arya said. In addition, he said new gaming console launches in the second half of the year will usher in a major upgrade cycle of gaming products.At the same time gaming is getting a boost from the COVID-19 shutdown, investors are getting increasingly optimistic the outlook for the industrial and automotive sectors isn't as bad as some had feared. Texas Instruments took a pounding earlier this year due to the fact that it generates about 57% of its total revenue from the industrial and automotive markets.Bullish sentiment among StockTwits messages mentioning AMD was at 81.1% on Tuesday, while bullish sentiment among messages mentioning Texas Instruments was at 74.9%. AMD Chart by TradingView new TradingView.widget( { "width": 680, "height": 423, "symbol": "NASDAQ:AMD", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "1", "locale": "en", "toolbar_bg": "f1f3f6", "enable_publishing": false, "allow_symbol_change": true, "container_id": "tradingview_378ff" } ); Benzinga's TakeAMD and Texas Instruments are perfect examples of how there are two different bull theses even within the semiconductor sector these days. Assuming the economy bounces back and a second wave of the COVID-19 outbreak doesn't force another shutdown at some point, there's a good chance both a momentum stock like AMD and a rebound play like Texas Instruments will be trading significantly higher by the time those September Texas Instruments calls expire.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Related Links:Citi Option Trader Bets Nearly M On Long-Term Upside How To Read And Trade An Option AlertSee more from Benzinga * 5 Reasons The Value Stock Rally May Run Out Of Steam * How Cameo, Facebook And Peloton Are Embracing Coronavirus Disruption * Las Vegas Casinos Reopen This Week, And Here's What Investors Should Expect(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Benzinga
Why BofA Recommends Buying GPU Plays AMD and Nvidia
Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA) are among the best performing tech stocks in the year-to-date period. Despite the runup, an analyst at BofA Securities recommends buying into these GPU plays.The AnalystVivek Arya has Buy ratings on both Nvidia and AMD shares, with price targets of $420 and $65, respectively.The ThesisArya said the $8 billion market in 2019 comprised of PC gaming, which accounted for 70% of the total market and declined 14% year-over-year, traditional PCs, accounting for roughly 12% of the market and showing 3% year-over-year growth, and gaming consoles, which made up the remaining 18% of the market and declined 40% year-over-year.In the first quarter of 2020, the overall market fell 17% sequentially, Ayra said but Nvidia gained 300 basis point of unit share to 75%, thanks to a strong mix-shift toward gaming GPUs, especially in notebooks.See Also: Here's How Long It Took Nvidia To Reach A 0B Market CapThe analyst noted Nvidia's high-end desktop line-up plunged 54% quarter-over-quarter, suggesting retailer/etailer high-end desktop inventory has been fully depleted to service the sudden surge in stay-at-home gamers."We think this bodes well for a Q2/Q3 channel refill and 2H20/21 product cycle driven growth recovery given still intact secular trends," Arya wrote in a Tuesday note.The analyst expects GPU industry sales to rebound by 16% year-over-year in 2020, partly due to the easier comparison. Specifically, PC gaming GPUs are likely to grow 11% year-over-year, and game consoles are expected to jump 43%, while low-end PCs are expected to remain flat.BofA expects multiple catalysts for PC gaming, including mix benefit from high-powered new game consoles, which are likely on par with Nvidia's RTX 2060/70 Super cards priced at $399/$499, and new product cycles from Nvidia and AMD.Latest Ratings for NVDA DateFirmActionFromTo May 2020Morgan StanleyMaintainsOverweight May 2020CascendMaintainsBuy May 2020Piper SandlerMaintainsOverweight View More Analyst Ratings for NVDA View the Latest Analyst Ratings See more from Benzinga * Linux Founder Switches Allegiance To AMD After 15 Years As Intel Customer * Here's How Long It Took Nvidia To Reach A 0B Market Cap(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- GlobeNewswire
AMD COVID-19 HPC Fund to Deliver Supercomputing Clusters to Researchers Combatting COVID-19
— Donation of systems to NYU, MIT, and Rice University brings over seven petaflops of compute power to fight global pandemic — — High performance AMD CPUs and GPUs to power.
- MarketWatch
Investor turns $100,000 into $2.2 million — now he’s banking on a cruise line to reach his early retirement goals
The buy-and-hold approach to the stock market generally isn’t a celebrated strategy among Reddit’s “Wall Street Bets” bunch, but more than a few glasses are being raised for one member of the meme-making trading community who claims to have made an absolute killing in recent years.
- Investopedia
Top Stocks for June 2020
NRG Energy Inc.: NRG Energy is an integrated power company that produces, sells, and distributes energy and provides energy services in the U.S. NRG reported a 75% decline in net income on a 7% drop in revenue in Q1 2020, which ended March 31, 2020. Vornado Realty Trust: Vornado Realty Trust is a real estate investment trust (REIT) that owns office, retail, merchandise mart properties, and other real estate and related investments. The company reported a 48% decline in funds from operations (FFO) per diluted share for Q1 2020, which ended March 31, 2020.
- TheStreet.com
AMD Stock Might Break Out or Break Down - Here's the Trade
Advanced Micro Devices has been range-bound between $50 and $57. What's next for the chipmaker's stock?
- Investopedia
Advanced Micro Stock Could Fail Historic Breakout
AMD stock is trading poorly after February's impressive breakout and could sell off in coming weeks.
- Investor's Business Daily
Is AMD Stock A Buy After Rebound From Coronavirus Sell-Off?
Advanced Micro Devices stock has rebounded from the the coronavirus-fueled market sell-off recently. Here is what its fundamentals and technical analysis say about buying AMD stock now.
- Investor's Business Daily
Is Intel Stock A Buy After First-Quarter Earnings Beat?
Chipmaking giant Intel has taken steps to right its ship after a rough 2019 that rocked INTC stock. But is Intel stock a buy right now? Here's what its earnings and stock chart show.
- InvestorPlace
Nvidia Is Showing Investors It’s More Than Fun and Games
In advance of its earnings report on May 21, Nvidia (NASDAQ:NVDA) stock was generating significant interest from investors. The Covid-19 pandemic forced Americans to shelter in place. As a result, demand for video games -- and the devices that power them -- soared. And investors expected this trend would create surging demand for the company's graphic processing units (GPUs).Source: Hairem / Shutterstock.com Nvidia did not disappoint. The chip maker delivered results that should continue to power NVDA stock well into the second half of 2020 and beyond. For the second consecutive quarter, Nvidia's year-over-year growth was being powered by its artificial intelligence data-driven platform.This important development shows the company is seeing interest in its GPUs that cut across a broad spectrum of applications. In other words, a bet on Nvidia is no longer just about fun and games. It's about artificial intelligence and the applications that will be part of our connected future.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nvidia Is a Three-Headed Monster of a CompanyNvidia has three core businesses. First, it manufactures chips for gaming consoles. But the company is also beginning to compete with Intel (NASDAQ:INTC) in data centers. And finally, the same chips that Nvidia is using to build data centers are powering the emerging autonomous vehicle segment. * 7 Cheap Stocks to Buy With Great Potential At the moment, the automotive segment of the business is on hold as automakers try to navigate cratering demand from the global pandemic. This means that, for now, research in the autonomous vehicle segment is stalled. There is some concern about how strong that demand will come back. However, Nvidia CFO Colette Kress believes that automakers will have no choice but to invest in the technology. "They have to. Or they'll be extinct," said Kress. Growth in Data Centers Is Catching Up on GamingRather than just slugging it out with Advanced Micro Devices (NASDAQ:AMD) in the gaming space, Nvidia is making a direct push into the realm of data centers and as the company calls it "Smart Everything." In this new environment, Nvidia's signature GPUs are going to have new applications centering around 5G technology. These will include advances in artificial intelligence, robotics, and autonomous vehicles.One obstacle that Nvidia has been facing is the acceptance of its GPUs in data center solutions. Intel uses traditional central processing units (CPUs). This is still the more popular choice among business clients to the tune of $23 billion in revenue for Intel. And while both Nvidia and AMD are chipping away at Intel, they still only have a small fraction of the market.But according to Nvidia CEO Jensen Huang, graphic chips are now being seen as a core component in server architecture. "The notion of accelerating deep learning and machine learning using our GPUs is now common sense," according to Huang. The executive went on to state that data centers are now expecting a significant part of their operations being accelerated with GPUs. Work-From-Home Is an Additional Catalyst for NVDA StockFor years, there was a theory that the only thing keeping more workers from working at home was that the investment in equipment was too great. But due to the Covid-19 pandemic, businesses had no choice but to make that investment.And it seems that workers are liking it. Already notable companies such as Facebook (NASDAQ:FB) and Twitter (NASDAQ:TWTR) have announced many of their employees can work from home indefinitely.But while those companies get the headlines, a recent Gartner survey predicts that work-from-home is not going away. The company surveyed 229 Human Resource leaders on April 2. Almost half of the organizations surveyed reported 81% or more of their employees are working remotely during the pandemic. And approximately 15% of employers said that between 61% and 80% are working remotely.And according to Brian Kropp, chief of research for the Gartner HR practice, 41% of employees are likely to work from home part time. Said Kropp, "Ultimately, the COVID-19 pandemic has many employees planning to work in a way that they hadn't previously considered."For Nvidia this provides another opportunity to provide employees with computers that have the power to handle the demands of working from home. But this is really just the cherry on top of a very appealing sundae. While NVDA stock sports a gaudy price-earnings (P/E) ratio compared to its industry peers, the current catalysts should be sufficient to drive the stock higher.Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019. As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * The Huge Story for 2020 & Beyond That You Aren't Hearing About * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * The 1 Stock All Retirees Must Own The post Nvidia Is Showing Investors Itas More Than Fun and Games appeared first on InvestorPlace.
- Benzinga
Cramer Shares His Thoughts On Teva, Oxford Industries And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said he wouldn't buy Teva Pharmaceutical Industries Ltd (NYSE: TEVA). He explained that it's a generic drugmaker and those stocks are pretty awful in comparison to Merck & Co., Inc. (NYSE: MRK), Pfizer Inc. (NYSE: PFE) and Bristol-Myers Squibb Co (NYSE: BMY).Instead of Oxford Industries Inc (NYSE: OXM), Cramer would rather buy PVH Corp (NYSE: PVH).Cramer likes Amgen, Inc. (NASDAQ: AMGN) and its new oncological franchise.He prefers Advanced Micro Devices, Inc. (NASDAQ: AMD) over Intel Corporation (NASDAQ: INTC). He believes AMD will take some market share from Intel with its new chips.Cramer said the CEO of General Electric Company (NYSE: GE) is doing a fantastic job against tremendous circumstances, but he doesn't see the investment in the stock as a diversification strategy.Cramer likes SpartanNash Co (NASDAQ: SPTN) a lot. He thinks that something must be going on and he sees the stock as a good one.He would sell a half of a position in Ingevity Corp (NYSE: NGVT) and let the rest run.See more from Benzinga * Cramer Weighs In On Beyond Meat, Canopy Growth, Penn National And More * Cramer Gives His Opinion On GW Pharma, Bed Bath & Beyond And More * Cramer Shares His Thoughts On Inovio, Raytheon And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Motley Fool
Here’s Why AMD Stock Has Doubled in the Past Year
Prior to 2017, Advanced Micro Devices (NASDAQ: AMD) was stuck. In the CPU market, AMD's products were vastly inferior to those of market leader Intel (NASDAQ: INTC). In the GPU market, NVIDIA (NASDAQ: NVDA) was overwhelmingly dominant.
- Investor's Business Daily
Despite Coronavirus, These 22 Fastest-Growing Companies Expect 25%-150% Growth In 2020
While the coronavirus pandemic has disrupted the global economy, Netflix, Nvidia and ServiceNow are among 22 stocks expecting 25%-150% growth in 2020.
- Zacks
Why Is Advanced Micro (AMD) Down 1.7% Since Last Earnings Report?
Advanced Micro (AMD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- GlobeNewswire
AMD to Present at Bank of America Securities Global Technology Conference
SANTA CLARA, Calif., May 28, 2020 -- Today, AMD (NASDAQ: AMD) announced that Devinder Kumar, senior vice president, chief financial officer and treasurer, will present at Bank.
- Motley Fool
Better Buy: Advanced Micro Devices vs. NVIDIA
Chip designers Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) have been crossing proverbial swords for decades. They form a nearly unchallenged duopoly in the market for computer graphics processors, and the same chips can also churn through other types of advanced math problems at impressive speeds.
- Motley Fool
Nasdaq Today: What's Sending Chip Stocks AMD and NVIDIA Lower Wednesday?
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has held up better during the coronavirus bear market than many of its broader benchmark peers, as investors have generally been optimistic about the prospects for the high-growth tech stocks that make up the bulk of the biggest companies that trade on the Nasdaq. Among the outstanding performers in the Nasdaq so far in 2020 have been NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA came into Wednesday up nearly 50% year to date, and AMD had been higher by 16%.
- Investopedia
Top Tech Stocks for June 2020
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT).
- Investor's Business Daily
Dow Jones Today Fights To Hold 25,000, S&P 500 At 3,000 As Nasdaq Takes A Dive
Tractor Supply and StoneCo spiked, while banks led the Dow Jones, as stimulus packages in Japan and the EU helped trigger a premarket rally.
- Kiplinger
The Best AI Stocks to Buy for 2021 and Beyond
You're not imagining things. Computers are getting smarter every day.Artificial intelligence (AI) is a not-so-new technology that involves "smart" computers capable of demonstrating intelligence, usually through solving problems or learning. As the horsepower behind AI improves, the technology is able to perform increasingly complex tasks, from identifying new sales opportunities to steering vehicles. And that technology is driving the best AI stocks to strong outperformance this year, with many equities that either use or help power artificial intelligence boasting double-digit gains against a down market.In fact, you probably use AI every day, whether you realize it or not. Artificial intelligence powers personal assistants such as Alexa, Cortana and Siri. It also guides the search results you plug into your computer or smartphone, and it often helps determine the advertisements you see.It's an incredible investing opportunity, too. AI stocks are gunning after a market poised to grow from $10.1 billion in 2018 to $126 billion in 2025, according to estimates by emerging-technology research and consulting firm Omdia | Tractica.Here, we look at 10 of the best AI stocks to buy for investors in it for the long haul. Each stock has already outperformed considerably year-to-date, and the coronavirus outbreak still might rattle them in the short-term. But each also shows plenty of promise looking out to 2021, 2022 and beyond. SEE ALSO: 20 Best Stocks to Buy Now for the Next Bull Market
