Will AMD Stock Go Parabolic After Aug. 5?
AMD (NASDAQ: AMD) has taken a back seat to its peer Nvidia (NASDAQ: NVDA) as it doesn't have nearly the data center dominance. AMD has often seemed to play second fiddle to its competitors, but sometimes this second-place position can still deliver market-crushing returns.
On Aug. 5, AMD will release its quarterly earnings, and if it presents the right key points, AMD stock could experience a parabolic rise, increasing rapidly in a very short time frame. But is this realistic? Or has the growth already been priced into AMD's stock?
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Aktie
219,65 €
1,69 %
Die Advanced Micro Devices Inc. Aktie zieht viel Aufmerksamkeit auf sich: Viel mehr Buy- als Sell-Einschätzungen.
Dadurch ergibt sich bei einem Kursziel von 242 € ein leicht positives Potenzial von 10.18% im Vergleich zum aktuellen Kurs von 219.65 € bei Advanced Micro Devices Inc..
