AMD Earnings: Ignore the Results and Buy the Stock
Wall Street forecasts Advanced Micro Devices will report revenue of $7.53 billion for Q4, up 22% year-over-year, in-line with management guidance of $7.5 billion, plus or minus $300 million. Earnings of $1.09 per share, a 41.5% increase, are expected.
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Analyst Aaron Rakers of Wells Fargo maintained a Buy rating on Advanced Micro Devices (AMD – Research Report), retaining the price target of ...
Advanced Micro Devices (AMD -6.37%) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and ...
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