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AMD Shares Sink Despite Strong Growth. Is It Time to Buy the Dip?


After being a laggard to start the year, Advanced Micro Devices (NASDAQ: AMD) has rallied strongly during the summer. However, its shares took a dip following the announcement of its second-quarter results, after earnings came in a bit light.

The stock now finds itself up about 30% year to date after the pullback, as of this writing.

Let's take a closer look to see if this decline is an opportunity to buy the stock.

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Source Fool.com

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