Advanced Micro Devices (AMD)
Background: AMD operates as a semiconductor company worldwide. The company designs, develops, and sells microprocessor products. The company was founded in 1969 and is headquartered in Sunnyvale, Calif. AMD trades an average of 23 million shares per day with a market cap of $2 billion.
52-Week Range: $3.09 to $8.35Book Value: $1.58 Price To Book: 2.06 Investors aren't expecting an improvement in earnings. Analysts forecast per share results below last year in the same quarter. The third-quarter earnings release is planned after the market closes on Thursday. The consensus estimate is currently 1 cent a share, a drop of 14 cents (93.3%) from 15 cents during the equivalent quarter last year. Analysts are estimating as low as a loss of 3 cents per share all the way up to earnings of 5 cents per share. Most of the analysts, 20 out of 39, are giving this company a hold rating. Seven recommend this as a buy and six recommend selling. Four out of the 39 analysts now rate AMD a strong buy, down from six analysts a month ago. Compared to three months ago, fewer analysts are rating this company as a strong buy. Shareholders have not been rewarded for their patience. Shares have fallen 32.6% in the last year, and the average analyst target price for AMD is $4.65. Short interest with AMD is remarkably high. More than one in five shares is short. Shorts are the smart money, but when they pile on this hard it can backfire, too. The proportion of the float short is 23.8%. Highly shorted, low-priced stocks make for thrilling short squeezes. AMD Revenue Quarterly data by YCharts
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV