
NASDAQ:AMD
Forget semi ETFs and buy individual semi stocks. They are too different to buy as a group. It's taken a ton of market share from Intel. It has a terrific presence in the data centre, and is the only major player in gaming besides Nvidia. Also, if their Xilinx deal is approved, they'll enjoy strong cell phone and defence exposure.
(A Top Pick Dec 06/19, Up 112%) He's continued to buy. Pretty volatile, so you'll probably have the opportunity to buy lower. Buy 1/3, then 1/3 in the $70s, and 1/3 in the $60s. Aggressive product strategy and institutional buying, plus working on beneficial Xilinx acquisition. Price target of $95.
Rumour of AMD buying Xilinx AMD would really benefit for Xilinx which makes great chips for autos, defence and telcos. Buying Xilinx would expand AMD's exposure to these sectors and their overall market. The deal is good, but only at the right price--if it happens. The AMD CEO is great. If the deal happens and AMD sells off, then he would buy.
(A Top Pick Dec 06/19, Up 133%) A bit pricey here. His price target is $98. Look to buy it in the lower $80s and, if possible, in the upper 70s. They keep knocking it out of the park. Three positives: aggressive R&D, buying Xilinx, aggressive institutional buying.