Winning AMD Stock Forecast

(By AMD via Wikimedia Commons)

In conjunction with I Know First’s 3 month algorithmic forecast, the top earner was AMD. The chipmakers’ saw increases of 106.35% at the conclusion of those months. The company that was once in big trouble has been on quite an incline. For 2018, AMD announced Q1 earnings of $1.65 billion, exceeding that with Q2 earnings of $1.76 billion. After increases in quality product, they are once again giving competitors NVDA and INTC a run for their money, quite literally. Much credit may be given to the new leadership with Lisa Su as CEO, who was responsible for their first full year of profitability. The company made noticeable gain these past months in getting their product into more data centers and managed to surpass Intel in the growing gaming realm. With the total accessible market for what the likes of AMD have to offer up $4 billion, this means that even with their tough competition, they can still continue to grow. With the advancing markets like smartphones, data-centers, AI, AR/VR, self-driving, automation, suppliers like AMD are big winners. One of I Know First’s financial analysts wrote several months ago about the factors that would, and did propel AMD forward. That article can be found here.

Winning DDD Stock Forecast

 (via WikimediaCommons)

The second highest earner of the forecast following AMD’s massive gains is DDD with gains of 40.94%. 3D Systems had Q2 earnings of $176.6 million this year, up 10.7% year over year. This also gives them a slight reach over their competitor, Stratasys. 3D Systems is fortifying itself in very large sectors, and saw an increase in printer sales. With some new printers on the way, expect DDD stock to stay on the rise. I believe now that 3D printers are popping up around malls and shopping centers (available to make a person into a small 3D printed version of themselves as one function), this points to the broader reach that this product and subsequently this company will have in the coming future. Its growing use in the healthcare realm, which brings a nice piece of their revenue should also be noted. In May, DDD announced a distribution deal made with the U.S. military. These are all just examples of how much this company has potential to grow. The growth the 3D printer industry is seeing year-over-year deserves attention. One of the senior analysts at I Know First, Motek Moyen, explains DDD stock’s potential in depth in this article.

This chart shows the algorithmic forecast made on these 10 stocks three months ago and the results of the forecast. As seen, AMD was predicted to be the biggest gainer and with highest probability.

Current I Know First subscribers received this bullish AMD + DDD forecast on June 28th, 2018.

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Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast.

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company’s products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It provides x86 microprocessors for desktop PCs under the AMD Ryzen, AMD Ryzen Pro, Threadripper, AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; microprocessors for notebook and 2-in-1s under the AMD Ryzen processors with Radeon Vega GPUs, AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands; and microprocessors for servers under the AMD EPYC and AMD Opteron brands. It also offers chipsets under the AMD brand; discrete GPUs for desktop and notebook PCs under the AMD Radeon and AMD Embedded Radeon brand; professional graphic products under the AMD Radeon Pro and AMD FirePro brands; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. In addition, it provides embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, G-Series, and AMD Embedded Radeon brands; consumer graphics under the AMD Radeon brand; and semi-custom SoC products. It serves original equipment and design manufacturers, datacenters, system integrators, distributors, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Santa Clara, California.

3D Systems Corporation (NASDAQ:DDD), through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and Class IV bio-compatible materials. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection. Further, it offers proprietary software and drivers that provide part review, part preparation, part placement, automated support building and placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services; on-demand manufacturing solutions; and software and precision healthcare services. It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, and other industries through direct sales force, as well as partner channels and distributors. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina.