AMD Stock Is a ‘Downright Attractive’ Buy, Longtime Doubter Says

Barron2022-02-23

Followinga recent slide for shares ofAdvanced Micro Devices,Bernstein analyst Stacy Rasgon has joined the bulls for the first time in about a decade.Rasgon raised his rating on AMD stock (ticker: AMD)...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Beli
2022-02-23
Beli
Can consider now.
pkyon
2022-02-23
pkyon
Hmm... can think about it
Bodoh
2022-02-23
Bodoh
Why is share price so weak
goldcat
2022-02-23
goldcat
So they have been wrong about this stock before. What are the chances they are wrong again? 50/50?
kenong62
2022-02-23
kenong62
Please likeThanks 👍
JeremyCcccc
2022-02-23
JeremyCcccc
Like pls

Leave a comment

435

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1151298034?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-23 08:16","share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","id":"1151298034","market":"us","top_or_hot":-1,"title":"AMD Stock Is a ‘Downright Attractive’ Buy, Longtime Doubter Says","media":"Barron","content":"<div>\n<p>Followinga recent slide for shares ofAdvanced Micro Devices,Bernstein analyst Stacy Rasgon has joined the bulls for the first time in about a decade.Rasgon raised his rating on AMD stock (ticker: AMD)...</p>\n\n<a href=\"https://www.marketwatch.com/articles/amd-stock-price-valuation-upgrade-buy-51645546117?mod=newsviewer_click\">Source Link</a>\n\n</div>\n","source":"market_watch","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Stock Is a ‘Downright Attractive’ Buy, Longtime Doubter Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Stock Is a ‘Downright Attractive’ Buy, Longtime Doubter Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-23 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/amd-stock-price-valuation-upgrade-buy-51645546117?mod=newsviewer_click><strong>Barron</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Followinga recent slide for shares ofAdvanced Micro Devices,Bernstein analyst Stacy Rasgon has joined the bulls for the first time in about a decade.Rasgon raised his rating on AMD stock (ticker: AMD)...</p>\n\n<a href=\"https://www.marketwatch.com/articles/amd-stock-price-valuation-upgrade-buy-51645546117?mod=newsviewer_click\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMD","symbol_name":"美国超微公司","start_time":0,"source_url":"https://www.marketwatch.com/articles/amd-stock-price-valuation-upgrade-buy-51645546117?mod=newsviewer_click","article_id":"1151298034","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151298034","pubTimestamp":1645575397,"sourceInfo":{"source_id":"market_watch","name":"华尔街大事件"},"weMediaInfo":null,"summary":"Followinga recent slide for shares ofAdvanced Micro Devices,Bernstein analyst Stacy Rasgon has joine","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMD":"美国超微公司"},"translate_title":"长期持怀疑态度的人说，AMD的股票是一个“非常有吸引力”的买进","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":0.9},"content_text":"Followinga recent slide for shares ofAdvanced Micro Devices,Bernstein analyst Stacy Rasgon has joined the bulls for the first time in about a decade.Rasgon raised his rating on AMD stock (ticker: AMD) to Outperform from Market-Perform in a Tuesday research note. The analyst maintained a $150 target price, which represents a potential gain of 27% from recent levels.“It has been almost 10 years since we held an Outperform rating on AMD’s stock, an omission mostly emotional in nature,” Rasgon wrote, referring to an unsuccessful bullish call on AMD earlier in his career as a chip analyst.“This was a formative event in our analyst career, and the mental barriers to even contemplating a long call since then have been significant for us; much to our chagrin as watching AMD go from a sub-$2 stock to over $100 today takes the crown for the absolute biggest missed call in our entire Wall Street tenure.”AMD stock has fallen about 20% in 2022 despitea strong fourth-quarter report earlier this year. It is still up 35% over the past 12 months.This month, the firm closed its all-stock acquisition of its fellow semiconductor company Xilinx, which it announcedin October 2020.Concern that Xilinx holders might sell stock they received in the deal likely contributed to AMD’sworst trading day in years on Feb. 11.“But time heals all wounds, and (as has frankly been abundantly clear for years) this is not the AMD of a decade ago,” Rasgon wrote. “And with the combination of continued stellar execution, increasingly bankable earnings power, and a recent sizeable pullback making valuation (dare we say?) downright attractive we are, for the first time in almost a decade, pulling the trigger.”Rasgon thinks shares are increasingly attractive for investors who might have been inclined to sit on the fence, likely for too long, as he said he had.The stock jumped 1.6% to $115.90 Tuesday, while theNasdaq Compositefell 1.2%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9030391686,"gmtCreate":1645627256111,"gmtModify":1676534046587,"author":{"id":"4092138473478360","authorId":"4092138473478360","name":"Beli","avatar":"https://static.tigerbbs.com/12287da3d64d63968897c06e82fb422b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Can consider now.&nbsp;","listText":"Can consider now.&nbsp;","text":"Can consider now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030391686","repostId":1151298034,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030912900,"gmtCreate":1645601921496,"gmtModify":1676534044556,"author":{"id":"4088240292043820","authorId":"4088240292043820","name":"pkyon","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hmm... can think about it","listText":"Hmm... can think about it","text":"Hmm... can think about it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030912900","repostId":1151298034,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030919653,"gmtCreate":1645600571403,"gmtModify":1676534044445,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Why is share price so weak","listText":"Why is share price so weak","text":"Why is share price so weak","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030919653","repostId":1151298034,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030935022,"gmtCreate":1645599557753,"gmtModify":1676534044327,"author":{"id":"3571370414310990","authorId":"3571370414310990","name":"goldcat","avatar":"https://static.tigerbbs.com/7e1a3005ebd16951505f9901984d5432","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"So they have been wrong about this stock before. What are the chances they are wrong again? 50/50?","listText":"So they have been wrong about this stock before. What are the chances they are wrong again? 50/50?","text":"So they have been wrong about this stock before. What are the chances they are wrong again? 50/50?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030935022","repostId":1151298034,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030936051,"gmtCreate":1645598604856,"gmtModify":1676534044304,"author":{"id":"3574928367638029","authorId":"3574928367638029","name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Please likeThanks 👍","listText":"Please likeThanks 👍","text":"Please likeThanks 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030936051","repostId":1151298034,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030939031,"gmtCreate":1645597382857,"gmtModify":1676534044212,"author":{"id":"4089499026613770","authorId":"4089499026613770","name":"JeremyCcccc","avatar":"https://static.itradeup.com/news/110f1753ebe99c114721ba94b7030c57","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030939031","repostId":1151298034,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":435,"commentSize":36,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1151298034"}