Better Buy: Advanced Micro Devices Inc. vs. Intel
Though there were some similarities in their third-quarter earnings releases, shares of Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC) have taken dramatically different turns since the reports came out.
AMD stock took a turn decidedly for the worse. However, with its shares down 21% since its Q3 release on Oct. 24, it could be argued that it has been oversold, so value seekers may consider it tempting. No such problems for Intel, which reported Thursday: Its stock jumped 10% in the past week.
So, which is the better buy: AMD, with its potential value, or Intel, due to the budding strength of its core businesses?
Source: Fool.com
Intel Corp. Stock
€87.92
1.590%
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 24 Sell predictions.
However, we have a potential of -20.38% for Intel Corp. as the target price of 70 € is below the current price of 87.92 €.
