AMD Stock Forecast: Leading A New Era Of Tech

This article was written by Ari Herzog, a Financial Analyst at I Know First

Summary

  • Current trade tensions and AMD’s uninspiring earnings report, which included an EPS value of $0.01 - a 75% decrease QoQ, drive my ‘wait-and-see’ short-term forecast
  • Recently announced contracts with top tech companies show AMD’s continued rise in market share, up over 4% YoY, over the graphics processing sector
  • How the markets respond as AMD approaches $30 per share will be a vital indicator of its short-term price direction

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Tech Stocks To Watch: Up to 82.85% in 1 Year

Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Year (07/18/14 – 07/18/15)
I Know First Average: 35.61% Long; 18.87% Short

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