Advanced Micro Devices, Inc. (NYSE:AMD) Hypes The Sell


Dallas, Texas 02/11/2014 (FINANCIALSTRENDS) – Advanced Micro Devices, Inc. (NYSE:AMD), the Sunnyvale incorporated semiconductor specializes in the production of X86 microprocessors.  In the run up to the New Year, the stock has seen traded below par at 13.7%.  Surprisingly, the stock prices have superseded the lowest price point on the 52 week range by over 50%, recording $2.26.

Optimistic on revenue earned from gaming console licenses

Advanced Micro Devices, Inc. (NYSE:AMD) has been providing computing solutions for Xbox One as well as PS4. This has meant that the company makes for the losses it incurs due to fall in the PC business front.

Advanced Micro Devices, Inc. (NYSE:AMD) also earns royalty from the previous generation of gaming consoles it has already provided. With the transition from the license-based use to chip-based business model, the earnings and revenue on the technology side continues unabated, though on a lesser scale.

Advanced Micro Devices, Inc. (NYSE:AMD) also sees intense competition on the low-end PC market side as well from the likes of Intel Corp. This multi-technology giant brings several competitively priced products targeted at low-cost tablet market segment, making deep in-roads into AMDs major consumer base.

Launches new API

Advanced Micro Devices, Inc. (NYSE:AMD) had a new kit for developers, with the launch of the beta driver Catalyst software. The Mantle API, is the software required for graphic card support and is expected to see good reviews for the same.

Analyst sentiment

Advanced Micro Devices, Inc. (NYSE:AMD) as evaluated by analysts currently stands at $3.98 Target Price. The current prices for the stock are priced $3.47 as of close of trading. The microprocessor maker has a market cap of $2.66 billion and EPS of -0.11. Beta is 2.40. The Infra-day trading low-point for Feb 10, was $3.45 against the high of $3.64. The stock has received analyst backing and is likely to surge past the current gains of 4.61%.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.