|Bid||34.29 x 800|
|Ask||45.00 x 2200|
|Day's Range||37.13 - 38.48|
|52 Week Range||34.10 - 57.00|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||10.10|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
This week, Advanced Micro Devices (NASDAQ:AMD) stock fell after releasing its second-quarter earnings report. The company reported adjusted earnings of 8 cents per share on $1.53 billion in revenue.AMD met expectations when it came to revenue and earnings, but lowered its guidance for the remainder of the year. The AMD share price fell 8% on Wednesday but AMD stock is still up 68% from a year earlier. Does this recent stock drop offer a good opportunity to invest in the company? Here are three things you should know about AMD stock before you decide.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sales Are Down From a Year EarlierAdvanced Micro Device's revenue during the second quarter was a bit of a mixed bag. Revenue from computing and graphics reached $940 million which missed estimates of $983 million. Semi-custom revenue was $591 million which topped expectations of $544 million.And the company's total revenue reached $1.53 billion, beating estimates of $1.52 billion. This up 20% from the previous quarter but down 13% from a year earlier. CEO Lisa Su said that overall, she's pleased with the company's financial performance. AMD Stock Is a Top-Performing Semiconductor StockAMD is one of the best-performing stocks on the PHLX Semiconductor Stock Exchange. And one reason for this is that AMD invests a lot of time and money in developing new and exciting products. This year, the company released its second-generation Ryzen CPU, which is supposed to be the most powerful desktop processor in the world. The company launched its newest Radeon graphics cards on July 7. However, AMD does face strong competition in the marketplace. AMD and Nvidia (NASDAQ:NVDA) have a long-term rivalry to see which company can take the graphics card market share. Unfortunately, AMD often falls short to Nvidia. Nvidia has largely dominated AMD in the GPU market and Intel (NASDAQ:INTC) tends to be more well-known when it comes to the microchip industry. Analysts Remain Optimistic About AMD StockThe earnings report was mostly in line with what analysts were anticipating and if the company hadn't lowered its guidance, it may be a different story. But AMD did lower its expected sales growth to a single-digit percentage. Analysts were looking for signs that AMD is rebounding and for positive news about the company's growth going forward. In spite of the tempered outlook, many analysts remain positive when it comes to AMD stock. 33 analysts are currently covering AMD stock and 18 raised their price targets even after the earnings report came out. Investor ratings did seem to be more mixed. 12 analysts gave the stock a buy or overweight rating, 17 had hold ratings, and four gave AMD stock a sell rating. The company will likely continue to experience a slight fallout from the earnings report but this shouldn't last long. Thanks to strong company fundamentals and many positive tailwinds, AMD will most likely remain a long-term growth stock. As of this writing, Jamie Johnson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 of the Most Shorted Stocks in the Markets Right Now * 7 Charts That Should Concern Marijuana Stock Investors * 8 Monthly Dividend Stocks to Buy for Consistent Income The post AMD Stock: 3 Things You Should Know Post-Earnings appeared first on InvestorPlace.
The Insider Monkey team has completed processing the quarterly 13F filings for the March quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
In Bank of America Merrill Lynch’s June 2019 survey, the trade war remained the top risk cited by 56% of the respondents. Since Trump’s tweet on May 5, trade tensions have only revived with China retaliating in kind. Time and again, Trump has also talked about bringing another $300 billion worth of Chinese imports under tariffs.
If the Fed doesn't signal significant easing ahead, the markets could nosedive. Many analysts agree that the markets might be overpricing the Fed's rate cuts this year.
Advanced Micro Devices (NASDAQ: AMD) stock is up more than 600% in the past three years. That type of move is typically exactly the kind of unbridled bullish investor enthusiasm that sends a value investors running for the hills. But while AMD stock certainly has an extremely high valuation, there's a clear fundamental justification for the rally.Source: AMD AMD Technology Finally SuperiorFor years, AMD chips were considered inferior to similar technology from competitors such as Nvidia (NASDAQ: NVDA) and Intel (NASDAQ: INTC). However, in the past several years, the stars have aligned perfectly for AMD. * 7 Dark Horse Stocks Winning the Race in 2019 AMD launched its Ryzen PC processor portfolio back in 2017 on the 14 nm node and updated it to the 12 nm node in 2018. Now, the company is expected to launch its 7 nm node products in 2019. At the same time, Intel's 10 nm node products have been delayed by three years, allowing AMD to eclipse its much larger rival in process node technology.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs a result, AMD's share of the notebook and desktop CPU markets has jumped from 8% and 12% a year ago to 13% and 17% in the first quarter of 2019. That share should continue to rise as long as Intel struggles to catch up.At the same time, AMD is making meaningful strides in the server processor market as well. Intel has historically had a near monopoly on this market. Advanced Micro Devices stock investors shouldn't expect AMD to overthrow Intel anytime soon, but the trends are certainly headed in a positive direction.AMD's server processor share jumped from 1% unit share in Q1 2018 to 2.9% unit share in Q1 2019, according to Mercury Research. AMD has said it also has 5% market share of the dual-processor market. Partners Are Taking NoticeIt's not just investors that are taking note of the strides AMD is making in its technology. Last week, Samsung (OTC: SSNLF) announced a new multi-year partnership with AMD to develop custom mobile graphics technology. Financial terms of the deal were not disclosed. Bank of America estimates it could add up to 10 cents per share in EPS for Advanced Micro Devices stock.Perhaps more important, a deal with a company the size of Samsung once again underscores the fact that AMD's technology is getting some major attention and respect.AMD's list of high-profile customers is impressive and growing. In addition to Samsung, that list now includes Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Baidu (NYSE: BIDU), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Sony (NYSE: SNE), Dell (NYSE: DELL) and HP (NYSE: HPQ)."The Samsung wins also showcases the leverage in AMD's trove of IP in computing and graphics," Bank of America analyst Wamsi Mohan said. "Other large markets of autos, IoT, and networking/5G are not a focus today but could be addressed over time with other partnerships." Window Is ClosingAny investor wondering why AMD stock price is up more than 600% can re-read this article. AMD is firing on all cylinders and has really brought its A-game with its latest technology. However, there is a major problem with buying shares at such elevated levels.AMD may have some impressive tech, but Intel has really dropped the ball with its innovation. Investors expecting Intel to roll over and let AMD eat its lunch aren't being realistic. AMD's window of opportunity to win over Intel's business is closing. It's only a matter of how long it will remain open.On any given day, David can beat Goliath. However, expecting it to happen over and over again is a bit of a stretch."While we believe AMD will enjoy share gains, we question the sustainability of these gains in the face of larger peers with more resources," Morningstar analyst Abhinav Davuluri said.AMD stock bulls can point to a company like Netflix (NASDAQ: NFLX) as a David that went up against the Goliath of traditional media and was somehow able to repeatedly beat them year-after-year with little to no resistance.However, this is typically not how the business world operates. Innovation can trump size and money for a little while. But the rule of thumb is that Goliath wins out eventually.There's no question AMD is real deal. But buyers looking to start a position at this elevated level should understand the risks. And anyone sitting on a 600% gain should at least consider taking some profits at this point.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post AMD Stock Is for Real, but Intel Won't Sleep on It Much Longer appeared first on InvestorPlace.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
Could Apple and Qualcomm’s Settlement Mean Upside for Point72?(Continued from Prior Part)QCOM surges on a deal with Apple Qualcomm (QCOM) stock surged 23% on April 16 as Apple (AAPL), which QCOM has had an ongoing legal battle with over license
posted better-than-expected results for the first quarter as a steep cut in the U.S. bank's effective corporate tax rate helped to offset a fall in stock-trading revenue, wrote TheStreet's Bradley Keoun. Earnings per share were $1.87, beating Wall Street analysts' average estimate of $1.80. said first-quarter profit fell less than expected, as fees from advising on mergers and acquisitions helped to mitigate an abysmal performance from the Wall Street bank's juggernaut trading business, wrote Keoun.
The clients of OptionSellers.com say the firm that executed the trade is refusing to settle disputes that claim they owe margin call fees.
President Trump versus Bears: What to Expect in FebruaryPresident TrumpUS equity markets have looked strong in 2019. January was the best month for stocks in 30 years. President Trump highlighted the feat on Twitter. President Trump
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2002 Sean O'Connor was appointed CEO Read More...
Aug.05 -- Darin Friedrichs, senior Asia commodity analyst at Intl Fcstone, discusses the Chinese government asking state buyers to hold imports of U.S. agriculture products and what it means for the trade negotiations and for markets. He speaks on “Bloomberg Markets: Asia.”
Warren Buffett urges Wells Fargo to pick a CEO outside of Wall Street. Yahoo Finance’s Adam Shapiro, Julie Hyman, Brian Cheung, and Brian Sozzi join INTL FCStone Director of U.S. Institutional Equities and Global Market Strategist Yousef Abbasi to discuss.
In the trade war between the U.S. and China, Christine McDaniel, Senior Research Fellow at George Mason University, says the “tariffs are really just the tip of the iceberg” and that investors are looking for “real market access changes.” Yahoo Finance’s Alexis Christoforous speaks to her.
As the government shutdown continues, Yousef Abbasi, INTL FCStone Director of U.S. Institutional Equities and global market strategist, says it will become “more and more of an issue,” seeing as many federal employees are still not back at work. Yahoo Finance’s Alexis Christoforous speaks to him.