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

Rating:
Hold AMD

Advanced Micro Devices, Inc. (AMD) upgraded to Hold with price target $6 by Auriga U.S.A

Posted on: Friday,  Nov 13, 2009  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Hold Advanced Micro Devices, Inc. (NASDAQ: AMD) on 11/13/2009. Previously Auriga U.S.A rated Sell Advanced
Micro Devices, Inc. (NASDAQ: AMD) on 01/14/2009., when the stock price was $2.26. Since then, Advanced Micro Devices, Inc. has gained 175.66% of its value until Auriga U.S.A rated AMD Sell on 11/13/2009, when the price was $6.23. .

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.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2010 8:25 AM Sell
None
6.17 5.00
as of 12/31/2009
1 Week   
1 Month   
3 Months down  -10.07 %
1 YTD down  -175.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2009 8:25 AM Hold
None
6.23 6.00
1/14/2009 8:25 AM Sell
None
2.26 1.25

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