Enid Bertha
12-21

$Advanced Micro Devices(AMD)$ In case people are wondering what took the steam out of amd sails today, look no further than perma bear Morgan Stanley lowering their price target to $158 from $165 today while keeping their overweight rating on the stock. Why are the so called analysts lowering the PTs and keeping their overall ratings intact now during obvious tax loss selling with no change to the company fundamentals? Hmmm could it be to buy shares as low as they can get them? Everytime we had some momentum over the past two weeks, some analyst comes out with a lower PT. It all started with the Amazon guy, then BofA, then two more this week including Cramer with no mention of two analysts keeping their PTs and rating intact challenging the other’s narratives. It really is manipulation at its finest if you think about it. 2025 will be much much better for amd considering its projected growth! GLTA longs and Merry Christmas-Wally

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

We need your insight to fill this gap
Leave a comment