Buy $AMD - NRPicks 14 Mar
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Integrated and Semi-Custom.
During the week there was a clear recovery in technology, however, we consider a possible continuation of the recovery, so AMD is an attractive alternative in this regard, since it maintains an interesting upside margin.
AMD's earnings are growing at a much faster rate than its share price of late, leading to its relatively cheap valuation. $ 3.24B in quarterly revenue on your latest report.
AMD estimates that the server processor market could be worth $ 19B million in revenue by 2023, so the company has a lot to gain from increasing its market share.
- LT Deb / Eq 0.06
- ROE 62.10%
- Sales Q / Q 52.50%
Technical:
Bounce on the MA50
Support at $ 73
MACD Level (12, 26) 15.51
Average RSI levels
Trade closed: stop reached
11 May
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.