Is AMD Stock a Buy?
(NASDAQ: AMD) was once considered a struggling underdog chipmaker that trailed behind Intel and Nvidia in the x86 CPU (central processing unit) and discrete graphics processing unit (GPU) markets, respectively. But over the past ten years, its stock soared about 5,110% as it gained ground against Intel and kept pace with Nvidia.
That rally would have turned a $20,000 investment into more than $1 million. But over the past 12 months, its stock stayed nearly flat as the sluggish growth of the PC market offset the expansion of its higher-growth data center business. Does that breather represent a golden buying opportunity for long-term investors?
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Source Fool.com
Advanced Micro Devices Inc. Stock
€169.80
-1.600%
The stock is one of the favorites of our community with 106 Buy predictions and 2 Sell predictions.
With a target price of 229 € there is a positive potential of 34.86% for Advanced Micro Devices Inc. compared to the current price of 169.8 €.
