Target 1: $147 Target 2: $161 Stop Loss: Based on your risk tolerance.
Why AMD? AMD’s financials this year are impressive:
Revenue up +17.57% Net income up +157.86% Earnings per share up +31.43%
Despite strong results, the stock is down 8% YTD, creating a potential buying opportunity. In August, the price surged from $121 to $161 in just 15 days, hitting the second target in no time. I expect a similar move again!