Advanced Micro Devices, Inc. (AMD) downgraded to Mkt Underperform by JMP Securities
JMP Securities rated Mkt Underperform Advanced Micro Devices, Inc. (NYSE: AMD) on 07/11/2011, when the stock price was $6.80.
Since then, Advanced Micro Devices, Inc. has lost 43.68% as of 07/18/2014's recent price of $3.83. If you would have followed this JMP Securities's recommendation on AMD, you would have gained 77.54% of your investment in 1103 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.
MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports.
JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.