Zacks Rating on Advanced Micro Devices (AMD)

Advanced Micro Devices (AMD) : 7 brokerage houses believe that Advanced Micro Devices (AMD) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Advanced Micro Devices (AMD). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.55.

Advanced Micro Devices (AMD) : The most positive equity analysts on Advanced Micro Devices (AMD) expects the shares to touch $9, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $5.23 with an expected fluctuation of $2.38 from the mean.


Shares of Advanced Micro Devices, Inc. rose by 13.13% in the last five trading days and 14.48% for the last 4 weeks. Advanced Micro Devices, Inc. is up 82.62% in the last 3-month period. Year-to-Date the stock performance stands at 167.25%. Advanced Micro Devices (NASDAQ:AMD): stock turned positive on Tuesday. Though the stock opened at $7.66, the bulls momentum made the stock top out at $7.74 level for the day. The stock recorded a low of $7.53 and closed the trading day at $7.67, in the green by 1.19%. The total traded volume for the day was 27,528,915. The stock had closed at $7.58 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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