Better Bear Market Buy: Nvidia vs. AMD Stock
Both Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) have seen fantastic stock gains this year, with their share prices climbing 166.5% and 96%, respectively. But while Nvidia now trades at all-time highs, AMD stock remains down about 21.5% from its peak and has yet to fully recover from the bear market that crushed valuations for growth stocks.
Which of these leading semiconductor companies is the better investment at today's prices? Read on for competing bull cases on the stocks and a conclusion on which one looks like the better buy right now.
Nvidia's recent first-quarter report arrived with results that breezed by Wall Street's targets and guidance that crushed the market's expectations. After growing sales 19% sequentially to reach approximately $7.2 billion, the company now expects sales of $11 billion in the second quarter -- good for sequential growth of nearly 53%.
Source Fool.com
Advanced Micro Devices Inc. Stock
With 89 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 175 € shows a positive potential of 44.41% compared to the current price of 121.18 € for Advanced Micro Devices Inc..
