Advanced Micro Devices (AMD) Shares are Up 0.66%

Advanced Micro Devices (AMD) : Traders are bullish on Advanced Micro Devices (AMD) as it has outperformed the S&P 500 by a wide margin of 12.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.32%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.66% in the last 1 week, and is up 11.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 11.62% and the fifty day Moving Average is 28.39%. Advanced Micro Devices, Inc. is up 66.74% in the last three month period. Year-to-Date the stock performance stands at 167.25%.

Advanced Micro Devices (AMD) : 12 investment research analysts covering Advanced Micro Devices (AMD) have an average price target of $5.43 for the near short term. The highest target price given by the Brokerage Firm to the stock is $9 and the lowest target is $2 for the short term. Analysts expect the variance to be within $2.55 of the average price.


Advanced Micro Devices (NASDAQ:AMD): stock turned positive on Friday. Though the stock opened at $7.49, the bulls momentum made the stock top out at $7.8 level for the day. The stock recorded a low of $7.46 and closed the trading day at $7.67, in the green by 2.75%. The total traded volume for the day was 31,387,878. The stock had closed at $7.465 in the previous days trading.

Advanced Micro Devices, Inc. is a global semiconductor company with facilities across the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company operates in two segments: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. The Company sells its products through direct sales force and through independent distributors and sales representatives in both domestic and international markets.

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