WallStreetBets calling for $AMD to $200

Trend_Radar
06-21

$Advanced Micro Devices(AMD)$

ImageImage

News:

It is reported that $Advanced Micro Devices(AMD)$ announced the Zen5 architecture of the new generation of desktop processors Ryzen 9000 series and notebook processors Ryzen AI300 series at the Taipei Computer Show. The latest information from B&H, a large US retailer, shows that the Ryzen 9000 series will be pre-sold on July 31, and may also be available on the same day.

Bocom International Securities believes that AMD is one of the global semiconductor targets that can balance the rapid growth of artificial intelligence and the recovery of the semiconductor cycle. The recent stock price correction may be a buying opportunity. We cover AMD for the first time and give it a buy rating with a target price of US$200, corresponding to an average price-to-earnings ratio of 43 times in 2024/2025.

Technial Analysis:

“ $Advanced Micro Devices(AMD)$ This could be a big mover again tomorrow based on the previous bounces off this trend zone.”

@Jake__Wujastyk@Jake__Wujastyk

$Advanced Micro Devices(AMD)$ Options market was highly boolish yesterday morning. After seeing where the pressure was being applied we waited for a pullback to support and hopped on board.

@ThetaWarrior @ThetaWarrior

Is it Finally AMD's Turn to Rise?
AMD surged over 4.5%. AMD announced its next-generation Zen5 architecture desktop processors, the Ryzen 9000 series, and the Ryzen AI 300 series for laptops. According to the latest information from major U.S. retailer B&H, the Ryzen 9000 series will be available for pre-order on July 31. ------------- Is it finally AMD's turn to rise? What's your target price for AMD? Will the strong momentum continue?
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

  • YueShan
    06-22
    YueShan
    Good⭐️⭐️⭐️
Leave a comment
1
3