Here's the Next AI Stock I'm Buying
I haven't added too many artificial intelligence (AI) stocks to my portfolio -- yet. To put it mildly, some of the valuations in the megacap tech stocks have been difficult to justify, especially since I consider myself a value investor at heart.
However, that's about to change in a big way. Chipmaker Advanced Micro Devices (NASDAQ: AMD), typically known by its initials AMD, has been beaten down over the past year or so, and is starting to look -- dare I say it -- cheap. Here's why I'm planning to open a significant position in AMD in my portfolio very shortly, and what I'll be watching going forward.
AMD is often overlooked because of its distant-second market share to Nvidia when it comes to GPUs (graphics processing units) for data centers and other AI applications.
Source Fool.com
Advanced Micro Devices Inc. Aktie
Advanced Micro Devices Inc. erfreut sich großer Beliebtheit, mit einer hohen Zahl an Buy- und niedriger Zahl an Sell-Einschätzungen.
Mit einem Kursziel von 245 € für Advanced Micro Devices Inc. ist ein leichter Anstieg gegenüber dem aktuellen Kurs von 232.55 € zu erwarten.
