If You Invested $10,000 in AMD Stock In 2018, This Is How Much You Would Have Today
Lisa Su became CEO of Advanced Micro Devices (NASDAQ: AMD) in 2014. During that time, AMD faced an uncertain future, and many investors believed it was going bankrupt.
However, semiconductors typically take three to five years to develop, and knowing that, Su forged a new path for the company soon after taking the helm. By 2018, AMD emerged from penny stock status, and a bull market in the stock would take the company's stock to massive gains in subsequent years.
If an investor bought $10,000 worth of AMD stock on the first trading day of 2018, that shareholder would have approximately $100,000 today.
Source Fool.com