The stock market has had a great January so far, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has led the way for bullish investors. That streak continued on Monday, as the Nasdaq led all other major market benchmarks with a 2% gain shortly before noon ET.

Investors like to hear what Wall Street's professional stock traders have to say about their favorite companies, and often, a positive review from pro analysts can send stocks soaring. That was the case for Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) on Monday, as both semiconductor chip manufacturers earned favorable comments from influential analyst companies.

Shares of Advanced Micro Devices climbed 8% in early afternoon trading on Monday. The semiconductor company got upbeat comments from multiple analysts.

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Source Fool.com