Advanced Micro Devices, Inc. (AMD) Stock Gains 21.67% This Week; Should You Buy?
Advanced Micro Devices, Inc. (AMD) stock has gained 40.11% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives AMD stock a score of 72 out of a possible 100.
That rank is mainly influenced by a long-term technical score of 92. AMD‘s rank also includes a fundamental score of 66. In addition to the average rating from Wall Street analysts, AMD stock has a mean target price of $109.62. This means analysts expect the stock to decrease 8.00% over the next 12 months. The short-term technical score for AMD is 59.
What’s Happening with AMD Stock Today
Advanced Micro Devices, Inc. (AMD) stock has risen 5.86% while the S&P 500 is down -0.29% as of 10:20 AM on Wednesday, Aug 4. AMD has gained $6.59 from the previous closing price of $112.56 on volume of 50,659,233 shares. Over the past year the S&P 500 is up 33.38% while AMD has gained 40.11%. AMD earned $2.80 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 42.88.
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