Advanced Micro Devices Stock Could Head This Way

Pacific Crest reaffirmed an "equal weight" rating on shares of Advanced Micro Devices in a report on Wednesday, December 14th. The stock is a Buy among 10 brokerage firms polled by Factset Research.

02/01/2017 - Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at Jefferies.

02/01/2017 - Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity. The forecast of 20 surveyed investment analysts covering the stock advises investors to Buy stake in the company. They issued a buy rating and a $11.00 price target for the company.

Shares of Advanced Micro Devices (NASDAQ:AMD) opened at 12.06 on Thursday. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 15.19% where SMA50 and SMA200 are 22.73% and 87.33% respectively. The company's market cap is $13.03 billion. This showed the surprise of 50% in the last quarter earnings.

Looking forward, the company is expected to report earnings of $-0.04 per share for the current quarter. The growth estimate for the next quarter is 80 percent. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. For the past 5 years, the company's revenue has grown -8.2%, while the company's earnings per share has grown -23.7%.

Barcelona's tormentor Adrien Rabiot unsure over new deal - could he leave PSG?
Trouble is, now that they're suddenly one of the favorites for the Champions League, Verratti sounds quite sold on the "project". In the last four years, PSG went out in the quarterfinals and last year's elimination led to coach Laurent Blanc being fired.

Many Analysts provided their foresight on Revenue Estimates of Advanced Micro Devices, Inc. where they believe that the company has the potential to earn average revenue of $982.56 Million for the current quarter.

Bank of America Corporation (NYSE:BAC)went up 1.06% during trading on the USA exchange where it had a trading capacity of 78.48M shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Harry A. Wolin sold 18,000 shares of Advanced Micro Devices stock in a transaction dated Monday, November 28th. The company's shares were closed at 14.00. The disclosure for this sale can be found here. The company's revenue was up 15.4% compared to the same quarter previous year. The Stock now has the market capitalization of $13.03 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 3.59% and monthly volatility of 5.17% respectively.

02/01/2017 - Advanced Micro Devices, Inc. had its "outperform" rating reiterated by analysts at Wells Fargo. Corporate insiders own 1.00% of the company's stock. Monashee Investment Management LLC bought a new stake in shares of Advanced Micro Devices during the third quarter worth $9,536,000. Retirement Systems of Alabama raised its stake in shares of Advanced Micro Devices by 14.1% in the third quarter.

While Advanced Micro Devices had a solid year with its Computing and Graphics business in 2016, with annual revenue returning to growth for the first time for the segment since 2011, Advanced Micro Devices is still operating CG at a net operating loss, albeit a much lower loss than in 2015.

Advanced Micro Devices, Inc.is a world-class company with the innovation, execution, and vision to grow our leadership position in the industry. This Company belongs to Computer and Technology sector.

Related News:

  • Facebook reportedly near deal to stream on Major League Baseball  game per week

    Facebook reportedly near deal to stream on Major League Baseball game per week

    Still, it won't affect the outcome of games much, either, as it's rare that pitchers throw wild pitches on intentional walks. Live-streaming games will always be crucial, as sports are some of the last events people still want to witness in real time.

    Third Beta update of iOS 10.3 is now available for developers

    If all those new features have you anxious to update, you'll want to make sure your device will be capable of making the jump. Exactly two weeks after releasing the second beta to developers, Apple rolled out iOS 10.3 beta 3 for testers on Monday.
    Flows of major weapons 'highest since Cold War'

    Flows of major weapons 'highest since Cold War'

    Arms imports by countries in the Middle East increased by 86% in the past five years, compared to the five years prior to 2011. In general, over the past five years, the United States have supplied their weapons to at least 100 countries.
  • McCain worries Trump will damage relationship with allies

    McCain also said he's concerned about presidential advisor Steve Bannon's role on the National Security Council. He will head back to the White House on Sunday night ahead of another monumental week for his presidency.

    On eve of confirmation vote, judge orders release of Pruitt emails

    Legal constraints bar Pruitt from simply firing any EPA employee who is genuinely committed to environmental protection. Senate on Friday confirmed Oklahoma Attorney General Scott Pruitt to be EPA administrator in a 52-46 vote.

    Snap prices IPO between $14 and $16 a share

    The startup noted that it is offering to sell 200 million Class A common shares and is trading in the New York Stock exchange. Some potential investors have already " reacted with fury " over Snap's decision to sell shares with no voting power.
  • Danica Patrick Reveals History of Concussions, Would Retire If Medically Advised

    Danica Patrick Reveals History of Concussions, Would Retire If Medically Advised

    But the championship would definitely be the icing on the cake for my career". Earnhardt smiled as he spoke but did pause often to reflect and think.

    Government must reconsider ICC withdrawal

    South Africa's parliament began considering the ICC issue last month - three months after the government announced its withdrawal. The ruling African National Congress holds a majority in parliament and can force through its decision if it wants.

    Rockets From Sinai Explode in Southern Israel

    They fell within the area of the Eshkol Regional Council, bordering the Gaza Strip and the Sinai. The IS has been in a vicious conflict with the Egyptian military in the Sinai for years.
  • Presidents Day highlights tragedies, triumphs of America's leaders

    Here's a brief guide to navigate this federal holiday without wasting too much time heading to locations that are closed. Others merely want a suspension: "We should cancel Presidents' Day for the next 4 years", fumed Dimitri Zavala.

    2 officers shot, 1 killed, after responding to traffic accident in California

    Video from KTLA showed windows on a Whitter Police Department SUV shattered, and debris scattered across the road. Few details have been released about the incident, and it was not immediately clear what prompted the shooting.

    'Fist Fight' Review: Less Fun Than a Punch to the Face

    After he accidentally causes Strickland to be fired, Campbell is challenged to an after-school fist fight to settle the score. Campbell has even more to worry about. "Did you train for this or did you guys know how to throw a punch?" asked Petrillo.


Most liked

'Hasty, irrational and unconstitutional': High Court's damning verdict on SA's ICC withdrawal
At a minimum, the ruling will delay South Africa's withdrawal from the ICC, which had been scheduled to take effect in October. The DA contended that parliament's approval was required before the notice could be delivered to the UN.

Two remain as Budapest withdraws 2024 Olympics bid
As the necessary unity in Budapest has been lost, the bid of Budapest lost all of its chances, the government said. Hungary is reportedly withdrawing its bid to host the summer Olympics in 2024.

Sauber launches 2017 Formula 1 contender
Referring to the 2016-spec engine, he described it as "a tried and tested system with higher durability to begin with". To sum up, the auto will be able to produce more downforce, more grip resulting in faster lap times.

Ibrahimovic strike sends United back to the Bridge
It was good because although we lost in Barcelona we went through after the second leg and also won the final against Liverpool. United had Ibrahmovic to thank for its win at Blackburn.

Mark Cuban trolls Trump at All-Star Celebrity Game
He became controversial because he wore a No.46 jersey in the game as a form of criticism for USA president Donald Trump. Last Friday, Cuban posted a series of six tweets in which he thumped Trump's plans and leadership style.

Why Victor Cruz's Panthers visit makes sense
According to league sources , former Giants executive Dave Gettleman has brought in a familiar face from his former team. Injury concerns also linger, as Cruz struggled to return to full health and his return took longer than expected.

Iraqi forces push into ISIL-held southern Mosul
About 160,000 civilians have been displaced since the start of the offensive in October, U.N. officials say. Mosul is the largest city it captured in both countries and its de facto capital in Iraq.

Logan is the Violent, No-Holds-Barred Wolverine Epic We Deserve
I was hoping I would enjoy it so I could promote is as I have always loved the character since his introduction in 1975. Jackman gives one of his best performances as a battered and broken old man who's only got one good fight left in him.

Qatar Open: Karolina Pliskova beats Caroline Wozniacki in final
Although Wozniacki has never lost to Pliskova, those wins were three and four years ago and the Czech is a far superior player now.

GOP still trying to unite under 'Obamacare' replacement plan
The House Committee on Ways and Means and House Committee on Energy and Commerce will be tasked with marking up the plan . Bob Corker (R-TN) confessed that "there's not any real discussion taking place" on Capitol Hill about a replacement.

New Gambian president thanks unified nation, promises reform
US Department of State, Assistant Secretary of State for African Affairs, Linda Thomas-Greenfield is ecpected to be at the event. The official swearing-in of President Barrow has also been tied to The Gambia's 52nd Independence Day celebration.

Train Derails in Belgium: Dozens Injured, Casualties Feared
Police officers and officials stand next to a train after it derailed in Kessel-Lo, Leuven, on February 18, 2017. Photographs of the scene showed the mangled wreckage of the train, with one carriage seen toppled to its side.

Mom's dismembered body feared left in suitcase during suspect's multi-state drive
Detectives now believe that on the evening of February 12th, Densmore left Boulder, CO and traveled south to Raton, New Mexico. From there, police say he may have driven through the Texas panhandle before arriving in Haughton, Louisiana on February 13.

Sen. Collins to oppose Scott Pruitt for EPA chief
ET that will consider whether emails between Pruitt's office and officials at oil and gas companies should be released. They want the vote delayed until after the conclusion of an emergency hearing in Oklahoma to be held at 4 p.m.

Tiffany Trump Thanks Whoopi Goldberg for Defending Her Against Fashion 'Bullies'
According to the Mirror , Tiffany "was left red-faced" after her neighbors left their seats in the prestigious front row. Among all of President Trump's grown children, Tiffany has been the most removed from politics at the White House.