Better Buy: Advanced Micro Devices Inc. vs. Intel
Though there were some similarities in their third-quarter earnings releases, shares of Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC) have taken dramatically different turns since the reports came out.
AMD stock took a turn decidedly for the worse. However, with its shares down 21% since its Q3 release on Oct. 24, it could be argued that it has been oversold, so value seekers may consider it tempting. No such problems for Intel, which reported Thursday: Its stock jumped 10% in the past week.
So, which is the better buy: AMD, with its potential value, or Intel, due to the budding strength of its core businesses?
Source: Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 27 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is a hugely positive potential of 91.53% for Intel Corp. compared to the current price of 19.84 €.