Previous close | 203.50 |
Open | 199.65 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 270.00 |
Expiry date | 2024-01-19 |
Day's range | 199.65 - 203.50 |
Contract range | N/A |
Volume | |
Open interest | N/A |
2017 was a pivotal year for Advanced Micro Devices (NASDAQ: AMD). After years of shipping inferior CPUs and losing badly to rival Intel (NASDAQ: INTC), the company launched the first iteration of its blockbuster Ryzen chips. Unfortunately for AMD, the PC market is going through a historic downturn at the exact same time that Intel is aggressively pursuing a comeback of its own.
Innovation and business ingenuity are powerful wealth-creating forces that you don't want to miss out on. Amazon (NASDAQ: AMZN) and Advanced Micro Devices (NASDAQ: AMD) are two growing companies that are soundly beating the market in 2023. Amazon is already up 23%, while Advanced Micro Devices is up 32%.
The average brokerage recommendation (ABR) for Advanced Micro (AMD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?