Buy Advanced Micro Devices ($AMD)
Posted: Jan 05, 2025
- Buy the dip on Advanced Micro Devices ($AMD) at $125
- Q3 2024 Highlights: revenue and profits are up
- Data Center segment is fastest growing, accounts for 50% of revenue
- Acquisition of ZT Systems for $4.9 billion
- CEO Lisa Su is highly regarded
- Expected to reach $200+ in 2025, 60% upside
- Focus on data center growth, despite declines in other segments
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - While there is some optimism about AMD's future performance and product offerings, a significant portion of comments express skepticism about market reactions and investment outcomes. Summarized comments: - The data center segment is showing impressive growth, but concerns linger over the decline in the gaming segment. - Cathie Woods' investment in AMD is viewed with skepticism by some users. - Market reaction to AMD is perceived as negative despite its strategic moves and market share gains. - There are optimistic projections for AMD, with one user predicting a significant price increase by 2025. - AMD's ability to consistently produce popular CPUs is noted, yet this does not translate into expected stock performance. - Some users are planning to purchase AMD products and are optimistic about its future stock performance. - AMD's stock is seen as a strong buy at its current level near $122. Stock tickers discussed: $AMD
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