$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ The moon and stars need to align for AMD to hit $200 by year end. First, and most important, AMD needs to exceed estimates and raise forecast next Tuesday. The stock could rise 10% if this happens. Secondly, if Trump wins the election the markets overall will rise, which could move AMD higher by another 10% by year end. Lastly, if AMD does in fact raise forecast for Q4 and Q1 2025 investors will move their $$ into AMD before year end, which could move it an additional 10% higher in December. Everything hinges on next Tuesday. AMD must soundly beat estimates and raise forecast for the stock to have any chance to rise 30% and see $200 by end of 2024. AMD will sink if it the earnings next week are merely in-line or the forecast is too conservative

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