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Advanced Micro Devices, Inc. (AMD) [hlAlert]

Rating:
Underweight
AMD
up 128.65 %

Advanced Micro Devices, Inc. (AMD) rated Underweight by Morgan Stanley

Posted on: Friday,  Jul 19, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Underweight Advanced Micro Devices, Inc. (NASDAQ: AMD) on 07/19/2013, when the stock price was $4.07.
Since then, Advanced Micro Devices, Inc. has lost 56.27% as of 09/11/2015's recent price of $1.78.
If you would have followed this Morgan Stanley's recommendation on AMD, you would have gained 128.65% of your investment in 784 days.

Advanced Micro Devices, Inc. is a global semiconductor company with facilities around the world. The Company offer x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers. It offers graphics, video and multimedia products for desktop and notebook PCs, including home media PCs, professional workstations and servers and technology for game consoles. The Company operates in two business segments: computing solutions, which includes chipsets, and graphics. In June 2008, the Company launched the Puma platform, which was the code name for the mainstream notebook platform. In January 2009, the Company launched the Yukon platform. In March 2008, the Company introduced the AMD Phenom X3 8000 series triple-core processors. In March 2009, the Company completed the spin off of its manufacturing operations.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2013 8:25 AM Sell
None
4.07
as of 12/13/2013
1 Week down  -0.81 %
1 Month down  -4.23 %
3 Months up  3.65 %
1 YTD up  9.33 %

(*) Stock Price at the time of the recommendation.
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