Allen
Hotshot
Joined: Oct 1999
Posts: 8,854
Ohio USA
Quote:
AMD Stock Rally Continues
AMD (NASDAQ: AMD) stock continues its rally this year and is up ~9.8% on the day. As many of you may recall, AMD stock jumped significantly this year with the expectation of multiple new offerings both in CPU and GPU technology in Zen and the much vaunted Polaris range bringing greater performance per watt and per dollar..
..Lisa Su is also on a charm offensive, talking up AMD’s game and explaining how AMD will reap the benefits of its multi-year investment program. You can see her chatting with CNBC...
I think the market as a whole is in "bubble mode" (due to political actions). So, I'm not suggesting anyone "invest" for the long term ("trading" in the short term is okay)
This is just to indicate that the AMD "game plan" may be paying off with some investors. Long term gains will depend on AMD execution and how long the government keeps doing what it is doing. My opinions, of course.