Brexit May Have Created Big Opportunity in AMD Stock
Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has been hammered by the Brexit fallout.
Shares fell some 13% on Friday, from $5.21 to about $4.80. AMD stock continues to trade in the $4.75 to $4.80 area, even though there has been no deterioration in the underlying business. This could be a good opportunity to scoop up shares on the cheap.
The main investment premise is that AMD, after playing second or third fiddle in the graphics processing unit (GPU) business, is taking solid and competitive steps to come out ahead..
Den vollständigen Artikel lesen ...
Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has been hammered by the Brexit fallout.
Shares fell some 13% on Friday, from $5.21 to about $4.80. AMD stock continues to trade in the $4.75 to $4.80 area, even though there has been no deterioration in the underlying business. This could be a good opportunity to scoop up shares on the cheap.
The main investment premise is that AMD, after playing second or third fiddle in the graphics processing unit (GPU) business, is taking solid and competitive steps to come out ahead..
Den vollständigen Artikel lesen ...