Is Advanced Micro Devices (AMD) Stock a Buy?
Chip company Advanced Micro Devices (NASDAQ: AMD) has been relegated to second fiddle to Nvidia (NASDAQ: NVDA) in the artificial intelligence (AI) craze. The stock's 40% returns over the past year aren't anything to sneeze at, but they pale in comparison to Nvidia's triple-digit performance.
Whether the stock has further upside depends on how much AI can impact AMD's business over the coming years.
Big things are happening at AMD, and this long-term investor is going deep into the company's finances to determine if it's good enough to justify buying the stock now.
Source Fool.com
Advanced Micro Devices Inc. Stock
€139.38
-2.480%
With 99 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 25.56% compared to the current price of 139.38 € for Advanced Micro Devices Inc..
