Like-To The Moon - Tiger Brokers Online Investing Community - To The Moon

4
Comment
Favorite

Edwardtoh
2022-11-16

Like

AMD Stock Is "Excellent Play" After Earnings. Here’s Why It Remains a Top Pick for This Analyst

Advanced Micro Devices is a semiconductor stock that one Piper Sandler analyst thinks is an “excelle

AMD Stock Is "Excellent Play" After Earnings. Here’s Why It Remains a Top Pick for This Analyst

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.

4

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9963378647,"tweetId":"9963378647","gmtCreate":1668608417989,"gmtModify":1676538083997,"author":{"id":3586301355400538,"idStr":"3586301355400538","authorId":3586301355400538,"authorIdStr":"3586301355400538","name":"Edwardtoh","avatar":"https://static.tigerbbs.com/b46042c9b9b5dcea7d55f33bccb139cc","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.00%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":16,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Like&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Like&nbsp;</p></body></html>","text":"Like","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9963378647","repostId":1192616490,"repostType":4,"repost":{"id":"1192616490","kind":"news","pubTimestamp":1668603801,"share":"https://www.laohu8.com/m/news/1192616490?lang=&edition=full","pubTime":"2022-11-16 21:03","market":"us","language":"en","title":"AMD Stock Is \"Excellent Play\" After Earnings. Here’s Why It Remains a Top Pick for This Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1192616490","media":"Barron's","summary":"Advanced Micro Devices is a semiconductor stock that one Piper Sandler analyst thinks is an “excelle","content":"<html><head></head><body><p>Advanced Micro Devices is a semiconductor stock that one Piper Sandler analyst thinks is an “excellent” play after earnings season, despite headwinds.</p><p>AMD (ticker: AMD) is one of multiple chip companies that reported earnings earlier this month. The company reported an earnings beat for its third quarter but provided disappointing sales guidance for its December quarter as personal computer demand continues to be a problem for the industry. Tech companies like Microsoft (MSFT) and Intel (INTC) — along with AMD — have been hit by weakening PC demand throughout the year.</p><p>And it’s not just weak PC demand that has hit the sector.</p><p>“Macro deterioration has now become a tangible headwind and its carnage appears to be spreading,” Piper Sandler analyst Harsh Kumar wrote in a research note. “During the quarter, macro issues have continued and are now definitely starting to rear their ugly head on a variety of different end markets with the latest being the industrial sector.”</p><p>Some macro weakness other than poor PC demand includes demand weakness in handsets and industrial goods like home appliances, Kumar said.</p><p>Despite the weak guidance and demand weakness for AMD, Kumar is still bullish on the stock, and said that it was “an excellent way to play the server uptrend and strength in cloud at a reasonable multiple.” He rates AMD at Overweight with a 12-month price target of $90.</p><p>Kumar added that AMD remains a top pick at Piper Sandler as earnings for the company “appear to be bottoming,” PC inventory should clear by the March quarter, its server business is still strong and the company “continues to take share from Intel.”</p><p>Multiple analysts have said AMD is taking market share from Intel, including J.P Morgan analyst Harlan Sur and Baird analyst Tristan Gerra.</p><p>Shares of AMD were down 0.6% in premarket trading Wednesday to $75.8. Coming into Wednesday trading, the stock has fallen 47% this year.</p></body></html>","source":"lsy1610680873436","collect":0,"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 \"Excellent Play\" After Earnings. Here’s Why It Remains a Top Pick for This Analyst</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 \"Excellent Play\" After Earnings. Here’s Why It Remains a Top Pick for This Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-16 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amd-stock-top-pick-51668603306?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Advanced Micro Devices is a semiconductor stock that one Piper Sandler analyst thinks is an “excellent” play after earnings season, despite headwinds.AMD (ticker: AMD) is one of multiple chip ...</p>\n\n<a href=\"https://www.barrons.com/articles/amd-stock-top-pick-51668603306?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.barrons.com/articles/amd-stock-top-pick-51668603306?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192616490","content_text":"Advanced Micro Devices is a semiconductor stock that one Piper Sandler analyst thinks is an “excellent” play after earnings season, despite headwinds.AMD (ticker: AMD) is one of multiple chip companies that reported earnings earlier this month. The company reported an earnings beat for its third quarter but provided disappointing sales guidance for its December quarter as personal computer demand continues to be a problem for the industry. Tech companies like Microsoft (MSFT) and Intel (INTC) — along with AMD — have been hit by weakening PC demand throughout the year.And it’s not just weak PC demand that has hit the sector.“Macro deterioration has now become a tangible headwind and its carnage appears to be spreading,” Piper Sandler analyst Harsh Kumar wrote in a research note. “During the quarter, macro issues have continued and are now definitely starting to rear their ugly head on a variety of different end markets with the latest being the industrial sector.”Some macro weakness other than poor PC demand includes demand weakness in handsets and industrial goods like home appliances, Kumar said.Despite the weak guidance and demand weakness for AMD, Kumar is still bullish on the stock, and said that it was “an excellent way to play the server uptrend and strength in cloud at a reasonable multiple.” He rates AMD at Overweight with a 12-month price target of $90.Kumar added that AMD remains a top pick at Piper Sandler as earnings for the company “appear to be bottoming,” PC inventory should clear by the March quarter, its server business is still strong and the company “continues to take share from Intel.”Multiple analysts have said AMD is taking market share from Intel, including J.P Morgan analyst Harlan Sur and Baird analyst Tristan Gerra.Shares of AMD were down 0.6% in premarket trading Wednesday to $75.8. Coming into Wednesday trading, the stock has fallen 47% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":629,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}