The last five years have been one unstoppable ride to the summit for chipmaker Advanced Micro Devices (AMD). Simultaneously closing the gap between its traditionally bigger rivals, Intel and Nvidia, and itself, the CPU/GPU maker is now most definitely a force to be reckoned with.Following an investor call with the company, Nomura analyst David Wong sees no reason to change tack when considering AMD as an investment.The 5-star analyst has a Buy rating on AMD shares to go along with a $64 price target. The implication for investors? Potential upside of 18% from current levels. (To watch Wong’s track record, click here)Behind AMD’s growth has been an exemplary roadmap. Still to come in 2020 is the launch of the highly anticipated Milan data center CPU, the third generation EPYC processor. Add to that the release of a new data center GPU “optimized on CDMA data center optimized architecture,” a new consumer GPU (Big Navi...
Hopes of a Covid-19 treatment, additional stimulus and a faster than anticipated economic recovery powered stocks to their third straight session of gains earlier Tuesday....
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]...
In this article we will check out the progression of hedge fund sentiment towards Smith & Wesson Brands, Inc. (NASDAQ:AOBC) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their […]...
Yahoo Finance's Rick Newman joined The Final Round to discuss Tesla slashing the price of its Model S by $5,000 and the news of the Model S becoming the first electric vehicle to get over 400 miles on a single charge....
Nelson Griggs, President of the Nasdaq, joined Yahoo Finance's The Final Round to discuss the recent IPO's on the Nasdaq this year and his outlook for the market. ...
