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

Rating:
Neutral AMD

Advanced Micro Devices, Inc. (AMD) rated Neutral by Broadpoint AmTech Research

Posted on: Wednesday,  Sep 16, 2009  9:25 AM ET by Broadpoint AmTech Research

Advanced Micro Devices, Inc.
(NYSE: AMD) rated Neutral by Broadpoint AmTech Research.

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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2010 1:44 PM Buy
None
8.60 12.00
as of 12/31/2009
1 Week down  -23.91 %
1 Month up  7.56 %
3 Months up  4.00 %
1 YTD up  4.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2009 9:25 AM Buy
None
7.25 10.00
9/16/2009 9:25 AM Hold
None
5.81

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