Trade-Ideas LLC identified

Advanced Micro Devices

(

AMD

) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Advanced Micro Devices as such a stock due to the following factors:

  • AMD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $193.4 million.
  • AMD traded 174,568 shares today in the pre-market hours as of 8:41 AM.
  • AMD is up 3.7% today from yesterday's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in AMD with the Ticky from Trade-Ideas. See the FREE profile for AMD NOW at Trade-Ideas

More details on AMD:

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company's products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. Currently there are 7 analysts that rate Advanced Micro Devices a buy, 4 analysts rate it a sell, and 9 rate it a hold.

The average volume for Advanced Micro Devices has been 22.2 million shares per day over the past 30 days. Advanced Micro Devices has a market cap of $3.9 billion and is part of the technology sector and electronics industry. The stock has a beta of 2.13 and a short float of 14.1% with 2.30 days to cover. Shares are up 64.5% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Advanced Micro Devices as a

sell

. The area that we feel has been the company's primary weakness has been its declining revenues.

Highlights from the ratings report include:

  • AMD, with its decline in revenue, underperformed when compared the industry average of 5.8%. Since the same quarter one year prior, revenues fell by 19.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • ADVANCED MICRO DEVICES has improved earnings per share by 39.1% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ADVANCED MICRO DEVICES reported poor results of -$0.84 versus -$0.53 in the prior year. This year, the market expects an improvement in earnings (-$0.26 versus -$0.84).
  • 36.30% is the gross profit margin for ADVANCED MICRO DEVICES which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -13.10% is in-line with the industry average.
  • Net operating cash flow has significantly increased by 75.72% to -$42.00 million when compared to the same quarter last year. In addition, ADVANCED MICRO DEVICES has also vastly surpassed the industry average cash flow growth rate of 3.88%.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 39.4% when compared to the same quarter one year prior, rising from -$180.00 million to -$109.00 million.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.