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

Rating:
Buy AMD
down 36.20 %

Advanced Micro Devices, Inc. (AMD) rated Buy with price target $4.50 by Ascendiant Capital Markets

Posted on: Friday,  Oct 17, 2014  9:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Advanced Micro Devices, Inc. (NASDAQ: AMD) on 10/17/2014, when the stock price was $2.79.
Since then, Advanced Micro Devices, Inc. has lost 36.20% as of 09/11/2015's recent price of $1.78.
If you would have followed this Ascendiant Capital Markets's recommendation on AMD, you would have lost 36.2% of your investment in 329 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.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2014 9:25 AM Buy
None
2.79 4.50
as of 8/27/2015
1 Week down  -14.83 %
1 Month down  -31.80 %
3 Months down  -23.60 %
1 YTD down  -36.20 %

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