Advanced Micro Devices - Volume Leader
Long Only, Momentum, Portfolio Strategy
Contributor Since 2009
Jim Van Meerten writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended post-baccalaureate and graduate courses in Business Administration, Quantitative Math, and Education at Florida Atlantic University, Georgia State University and University of North Carolina at Charlotte. In the past he has been an accountant, attorney, adjunct professor in Business Law, Accounting and Internal Auditing, financial advisor, supervisory principal, and compliance officer. He also passed the Georgia CPA Exam, the Certified Internal Auditor Exam, and the FINRA Series 7, 24 and 9/10 exams.He is presently also a contributor on MSN Top Stocks Blog, Motley Fool and is a member of the M100 on Marketocracy, an elete honor chosen by the editors of Marketocracy as being in the top 100 portfolio managers of over 100,000 portfoiios they review. He would enjoy hearing your comments at JimVanMeerten@gmail.com.
Summary
- 100% technical buy signals.
- 3 new highs and up 3.31% in the last month.
- 80.01% gain in the last year.
The Volume Leader today is the semiconductor company Advanced Micro Devices (AMD). Since the Trend Spotter signaled a buy in 8/9 the stock has gained .26%.
Santa Clara, CA-based Advanced Micro Devices provides microprocessors (x86-based), chipsets, and discrete graphics processing units (GPUs). The company also offers server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles. The company's desktop-based processor offerings include second-generation AMD Ryzen and high-end AMD Ryzen 6Threadripper WX processors. AMD's processors are primarily powered by the company's proprietary `Zen` CPU and `Vega` GPU architectures. The company reports operations under two segments - Computing & Graphics and Enterprise, Embedded & Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart technical indicators:
- 100% technical buy signals
- 87.80+ Weighted Alpha
- 80.01% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 3 new highs and up 3.31% in the last month
- Relative Strength Index 60.11%
- Technical support level at 33.00
- Recently traded at 33.95 with a 50 day moving average of 31.61
Fundamental factors:
- Market Cap $37.11 billion
- P/E 154.18
- Revenue expected to grow 4.60% this year and another 24.20% nest year
- Earnings estimated to increase 37.0% this year, an additional 68.30% next year and continue to compound at an annual rate of 35.81% for the next 5 years
- Wall Street analysts issued 8 strong buy, 1 buy and 13 hold recommendations on the stock
- The individual investors following the stock on Motley Fool voted 3,360 to 692 that the stock will beat the market
- 261,701 investors are monitoring the stock on Seeking Alpha