AMD Stock Prediction: Why AMD Stock Has A Bright Future

This article was written by Mathieu Stalder, a Financial Analyst at I Know First.

Summary

  • Stock is in a decisive technical area, as the stock price approaches a resistance and a support zone
  • Solid financial figures but fundamentals indicate a clear overvaluation as the price to book ratio of 15.83 is rather expensive, as the industry average is only 2.10.
  • AMD has been added to NASDAQ-100 due to its high valuation
  • Huge Potential in the Semiconductor Industry as HIS Markit forecasts that by 2025 , there will be around 75 billion installed Internet of Things (IoT)
  • Current Bullish Long Term I Know First Algorithm Forecast

Technical Analysis

Overall seen AMD is one of the best performing stocks in the market as it outperforms 94% of the stocks in the Electronic Components and Accessories industry. This is mostly due to strong growth of the stock 4 month ago. The stock is currently trading in the middle of the 52 weeks range, whereas the S&P500 Index is on the lower end of its 52-week range, which shows that AMD is doing a bit better than the Index. By analyzing the chart of the AMD stock price, it clearly shows that there is a support zone

Read More

Winning AMD Stock Forecast (NASDAQ: AMD): Chip Maker AMD Continues To Surge The Market

Winning AMD Stock Forecast

 AMD’s Ryzen Close Up.  By Fritzchens Fritz from Berlin (via WikiMediaCommons/Public Domain)

Advanced Micro Devices Inc. (AMD) went from a company that was once in fair amount of trouble, to a competitor against giants Nvidia and Intel. Shares have been seeing a continuous rise, reaching a 12-year high. The stock rose 200% this past month alone. AMD’s Ryzen microprocessors can take a fair amount of credit for this success. That along with quality leadership with Lisa Su as CEO. Ryzen outperforms competitor Intel’s comparable chips, and at a lower price. The same outperformance

Read More

AMD Stock Forecast: New Technology Can Expand Market Share & Increase Bottom Line

This article was written by David Shabotinsky, a Financial Analyst at I Know First, and enrolled at the undergraduate Finance program at the Interdisciplinary Center, Herzliya.

AMD Stock Forecast

Summary:
  • Overview on AMDs performance throughout the past few quarters
  • New Radeon Chips may help AMD further capture market share in the GPU market
  • Improvement in key financial risk measurements
  • How AI is being implemented by businesses to increase operational efficiency
  • I Know First's AI-based algorithm maints a bullish forecast on AMD shares

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

AMD Stock Prediction: AMD’s Rally Is Just Getting Started

namanNaman Shukla is an Analyst at I Know First. He writes and invests in the stock market. Ranked in the top 8 percentile in TipRanks.com. Featured on SeekingAlpha.com, GuruFocus.com, Valuewalk.com among others.

AMD Stock Prediction: AMD’s Rally Is Just Getting Started

Summary
  • AMD’s new GPUs have paved the way for the company’s turnaround.
  • Lower price points and high efficiency have contributed to the success of the Polaris architecture-based GPUs.
  • AMD can benefit further if it launches a successful product for the high-end market.
  • The stock still has more upside potential.

premiumRead The Full Premium Article

Subscribe to our exclusive content in the PREMIUM section here

AMD Stock Prediction – Quick Win: 31.74% Return in 7 Days

On July 29th, 2015, The I Know First algorithm gave a bullish signal of 8.69 for the ticker AMD (Advanced Micro Devices), which had a strong predictability indicator of 0.29. In accordance with the algorithm’s prediction, Advanced Micro Devices spiked 31.74% on trading day July 29th. A day prior to the rising stock price, I Know First published a compelling article, titled AMD Stock Outlook: Inevitable Rebound, which highlighted a potential rise in stock price.

amd stock