Bugs

AMD: Chipping Away at Intel

I recall Jim Cramer screaming AMD was " Best of Breed " and Intel was run by lawyers and to stay away. Cramer's next target for AMD ( from around $33 per share ) was $ 40.00. He repeated this garbage until it ceased to be a screaming buy under $ 30 and traveled to the low 20's. Now he says there is no purpose for AMD's existence. With AMD almost in penny stock range ( $5.00 & below ) and Intel shares struggling It's best to put money in Intel not AMD as tempting as the author's target price of $12. Intel has been " Best of Breed " for a long time, but this doesn't mean it will make you money. $18 to $27 ( roughly ) has been Intel's best run in the last couple of years. AMD shares have been everywhere and back. If you want to speculate AMD may be a vehicle. It's just not to my taste because I agree now with Cramer that AMD has no reason to exist.