Buy $AMD - NRPicks 14 Mar

14 mars 2021

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Integrated and Semi-Custom.

During the week there was a clear recovery in technology, however, we consider a possible continuation of the recovery, so AMD is an attractive alternative in this regard, since it maintains an interesting upside margin.

AMD's earnings are growing at a much faster rate than its share price of late, leading to its relatively cheap valuation. $ 3.24B in quarterly revenue on your latest report.

AMD estimates that the server processor market could be worth $ 19B million in revenue by 2023, so the company has a lot to gain from increasing its market share.

- LT Deb / Eq 0.06
- ROE 62.10%
- Sales Q / Q 52.50%

Technical:
Bounce on the MA50
Support at $ 73
MACD Level (12, 26) 15.51
Average RSI levels

11 mai 2021

Trade fermée: ordre d’arrêt atteint

11 May