AMD Stock Is On A Once-In-50-Year Run — And It Looks Like Unfinished Business
$Advanced Micro Devices (AMD.US)$is not just having a strong quarter. It is threatening to put up a quarter investors have not seen in more than five decades.
AMD stock is on track for its biggest quarterly gain since the first quarter of 1975, with shares up 148% so far. That kind of move would normally invite the obvious question: how much is left after a run like that?
Wall Street's answer, at least lately, has been: potentially more.
Expert Ideas
Evercore, KeyBanc, Bernstein, Mizuho and Wells Fargo have all pointed to further upside in recent weeks, raising price targets on AMD, according to...
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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