Advanced Micro Devices (AMD) is in over-sold territory
As the DOW comes roaring back today to the tune of +125 points, investors are looking for some over-sold bargain stocks.
Advanced Micro Devices (NYSE:AMD) is looking like a great play right now, having dropped about 30% since June.
Mastery Sponsors - Become one Today
Both Intel and AMD are seen benefitting from higher corporate spending, which is a positive for both PC and server chip sales. But some analysts are also watching for signs of a slowdown given the global economic uncertainty.
Mastery Bottom Line:
There's not much else to say about AMD, other than share look over-sold and could be a solid short term play.
Advanced Micro Devices, Inc. AMD will unveil its latest earnings on Thursday, July 21, 2011
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Saudi Arabia Makes "Final" Decision To Send Troops To Syria As US, Russia Spar Over Aleppo Strikes | ZeroHedge
- Hillary Has A Big Problem With "Everyday Americans" | ZeroHedge
- Chart of the Day: Nonfarm Payrolls and Bank Tightening | Financial Sense
- JPM's Striking Forecast: ECB Could Cut Rates To -4.5%; BOJ To -3.45%; Fed To -1.3% | ZeroHedge
- The Most Ominous Warning That Oil Storage Is About To Overflow Has Arrived | ZeroHedge
- Thousands Of Americans "Demand" Obama Be Convicted Of War Crimes | ZeroHedge
- OPEC Will Not Blink First | ZeroHedge
The most relevant financial news and articles from the Internets
- Chris Christie and Carly Fiorina are ending their campaigns after falling short in New Hampshire | Business Insider
- An entrepreneur shares his best tips for staying... | Business Insider
- It's nearly impossible to describe the mind-blowing experience of virtual reality | Business Insider
- The 'Elon Musk trade' really isn't working right now | Business Insider
- 7 carry-ons that’ll fit in the overhead compartment of any aircraft | Business Insider
- MILBANK: Jeb Bush is not dead | Business Insider
- Disney crushes earnings expectations thanks to Star Wars but ESPN profits decline, shares drop (DIS... | Business Insider