AMD Stock Prediction: Why Advanced Micro Devices Can Continue Moving Higher

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

Summary
  • Gaining traction in the GPU segment will certainly benefit the company.
  • Strong sales growth shows that the company is no longer struggling.
  • Investors can expect AMD to continue improving its balance sheet going forward.
  • Deal with Alibaba is another tailwind.
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