Last night they delivered a mixed quarter: a small revenue beat, but earnings were only in-line with cash flow slightly below expectations. Their didn't touch their full-year forecast unchanged and their revenue guidance in this quarter is weaker than expected. Shares sank a little today, but roared from low-70s to high-90s in the past month from Did it deserve to be down 6%? Was the quarter that bad? He still likes it. The long-term story hasn't changed. There's temporary weakness in PCs and gaming.
Stockchase Research Editor: Michael O'Reilly The $127 billion market cap developer of microprocessors expects 20% revenue growth and earnings growth of 24% annually over the next five years. Recently reported earnings beat expectations by over 20% and support a 20% ROE. We like how it is building cash reserves while buying back shares. We recommend placing a stop loss at $68, looking to achieve $130 -- upside potential over 50%. Yield 0% (Analysts’ price target is $130.51)
It's wrong to lump all the semi stocks together. They are different. A great company, but it's trading at a 52-week low and an opportunity now. Run by a super CEO that has exposed AMD to the internet of things, telco infrastructure and aerospace. It's not only in making chips for PCs.
Some investors feel that semis in the next two years are not going anywhere, so they avoid them. Others are bullish. If so, own AMD or Nvidia. He owns AMD for the valuation, $10 million share buyback and excellent management. He is bullish in semis, that will be tied to the overall economy's recovery.
She bought this in mid-May and is down around 10-12%. She likes their valuation and chances to gain market share. In PCs, they have an edge over Intel, who lag them. Nvdia corners videogames, but AMD is also competing here. Oversupply may be a concern next year, but their valuation is compelling now.
She's watching it. This and Nvidia are best in class, run by fine managers. This current market offers buying opportunities. They will have long runways for years.
Chip shortage affected company negatively.
Rising chip supply will benefit company going forward.
Will require a long time frame if buy shares in company.
Doesn't like the company overall, and would not recommend buying.
She bought this a few days ago. Ask: If not continued sales growth, is a company gaining market share? PC gaming remains very strong, and AMD has put their production on TSMC and still capturing the PC gaming market, though she expects a decline in overall PC sales. That said, demand for AMD gaming chips will endure and continue to take market share from Intel. AMD is trading at a discount.
They report Tuesday. They just bought Xilinx and could report an upside. This has fallen hard from its high, so even an inline quarter could send these shares flying. Buy this.
He's been picking away at it. They saw a huge move during the pandemic, but has pulled back a little recently. AMD's gains are at the expense of Intel. AMD valuation has returned in line. Good management. A good long-term play in semis.
Wall Street has left certain "pandemic" stocks for dead. It surged to $160 last year, then fell to $99 last January. But gaming remains strong and They have exposure. It's one of the best semi stocks.
It surged past $160 last year, then fell to $99 last January. Investors perceive this to be a Covid stock, because AMD chips go into PCs (also seen as a Covid product). But gaming remains strong and the company got into high-performance computer through a data centre company that's essential to clouod build-out. Plus, the Xilinx deal gives them telco exposure. It's one of the best semi stocks.
AMD vs. NVDA He doesn't know which will be the winner. Both will continue to be strong, as there's lots of retooling and restructuring to come in IT. The sector has been very strong, but is under pressure. Taiwan is a big producer of chips, and he's concerned about China invading, though not soon. Both companies are in quite secular businesses.
Advanced Micro Devices is a American stock, trading under the symbol AMD (previously AMD-Q on Stockchase) on the NASDAQ (AMD). It is usually referred to as NASDAQ:AMD or AMD