|Bid||34.57 x 500|
|Ask||34.65 x 1600|
|Day's Range||34.40 - 34.74|
|52 Week Range||33.23 - 38.45|
|PE Ratio (TTM)||15.01|
|Dividend & Yield||1.09 (3.14%)|
|1y Target Est||N/A|
Following better-than-expected Q2 revenue and profit, and an upbeat forecast, AMD (AMD) management held a conference call with analysts, following which chief executive Lisa Su was kind enough to talk with me by phone. AMD shares are now up $1.44, over 10%, at $15.55, in late trading, adding to earlier gains.
Analyst Mark Lipacis says that while investors want to buy the chipmaker, they are waiting.
Three months ago, AMD stock was spiraling down after investors reacted poorly to first-quarter earnings. Q2 earnings probably aren’t quite enough to convert the bears. Combined with what looked like weak gross margin guidance for the second quarter, investors sold off AMD stock, which fell 24% on the news at the time.