NEW YORK (TheStreet) -- All eyes were on Apple (AAPL) Thursday as the tech company revealed its new line of MacBook Pro laptops.
Advanced Micro Devices (AMD) - Get Report could be one of the companies best-positioned to gain from the hype over the new computers. The 15-inch model of the laptop will contain the semiconductor manufacturer's graphics chips.
"It is an opportunity for us to accelerate," AMD CEO Lisa Su said of the partnership with Apple Friday on CNBC's "Squawk Alley." "We've grown this year and it's been really good and we've continued to accelerate that into 2017."
The 15-inch MacBook Pro will go on sale in the next two or three weeks.
Shares of AMD were up 5.63% to $7.51 in Friday morning trading.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate ADVANCED MICRO DEVICES as a Sell with a ratings score of D. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, generally high debt management risk and feeble growth in its earnings per share.
You can view the full analysis from the report here: AMD