Reported about 1 month ago
Advanced Micro Devices, Inc. (AMD) has become a trending stock due to its recent strong performance, returning +9.8% over the past month, outpacing the S&P 500. While its earnings for the current quarter are projected to rise by 30%, recent earnings estimate revisions have slightly declined. With a consensus revenue growth forecast of 15.7% this quarter and historical successes in beating estimates, AMD may still attract investor interest despite being rated as 'Hold' by Zacks.
Source: YAHOO