Can You Still Buy the S&P 500's Best-Performing March Stocks?
The S 500 (SNPINDEX: ^GSPC), which tracks the 500 largest publicly traded companies on U.S. markets, is the stock market's most followed index, largely due to the companies it contains and how important they are to the U.S. economy. After a rough 2022, the S&P 500 has had an impressive year so far, with a gain of more than 7%.
The index rose by 3.5% in March alone, and its top three movers each increased by at least 24%. If you're wondering if you still have time to take advantage of the following three stocks, the answer is yes.
Advanced Micro Devices (NASDAQ: AMD) declined 55% in 2022, but things have seemed to turn around. The stock is up 45% year to date, including 25% in March. The chipmaker's bread and butter has always been CPUs (central processing units) and GPUs (graphic processing units), but its future growth will likely rest on its success in artificial intelligence (AI) and data centers. Both are relatively young, high-growth industries.
Source Fool.com
Advanced Micro Devices Inc. Stock
With 82 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 34.64% compared to the current price of 129.98 € for Advanced Micro Devices Inc..
