AMD: Yet Another Buying Opportunity (Rating Upgrade)

Roman Luzgin
3.33K Followers
(15min)

Summary

  • Advanced Micro Devices, Inc. stock has historically shown periods of rapid growth followed by consolidation, with current indicators suggesting another growth phase soon.
  • Recent product advancements, partnerships, and market share gains in AI and Data Center markets position AMD for future growth.
  • Valuation analysis indicates AMD stock is currently undervalued, providing a buying opportunity with a year-end target of $193-213.

AMD, Fort Collins

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Over the last 7 years since I started covering Advanced Micro Devices, Inc. (NASDAQ:AMD), the stock has been consistently moving somewhat independently of the broader market. This has repeatedly made many analysts skeptical

This article was written by

3.33K Followers
I write about growth opportunities in different sectors related to technology, providing analyses of fundamentals that are driven by current and future trends. Senior Data Analyst by day, I am building and managing my own portfolio of tech-related securities, which to date has consistently beaten the market.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD, NVDA, DELL, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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