AMD rarely seems to execute and capture a leadership role and is perpetually in a me-too status. As a result, the revenue per share is on par with Intel, but margins are sacrificed to achieve sales. Simply put, dollar for dollar, Intel is a better buy.
Ten years ago in 2004, Intel distributed 16 cents in dividends. This year it's 90 cents for a yield of 3.5%. Even if the stock doesn't rise, the overall yield from the dividend makes it a winner. However, the stock is rising and appreciated 2.3% in the last year.
The average analyst target price for Intel is below the current price at $25.20. If analysts raise their price targets it often becomes self-fulfilling because it raises awareness and enthusiasm.
Another catalyst I really like is the short interest. As the price moves higher, shorts get squeezed, adding jet fuel to a rising stock price. Short interest is at 4.5%.
One note of caution: Short-sellers are the smart money and if short interest grows above 5% it may be time to reevaluate.