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NASDAQ:AMD

Advanced Micro Devices (AMD)

634.64
-14.79 (2.28%)
as of Oct 7, 2026, 1:30:49 pm Market Open.
695 watching
0
BUY

He still likes this company and thinks they are still in the early stages of them taking market share from Intel. He likes their moves into gaming and data centres. Pricing in semi-conductors seems to be stabilizing, which will continue to allow tail winds to continue. It will be a volatile stock, but over the long term it is a good investment.

PARTIAL SELL

He does not own it as a single stock, but as part of the SOXX etf. It has taken market share away from INTC and they have been progressive in making chips smaller, making them ideal for autonomous driving and for use in iPhones. The runway is still fairly long, but they are facing more competition. He might consider taking profit and moving into Applied Materials, the equipment supplier for AMD.

BUY

He loves semis. AMD is great. Also see his top picks. They can take share from Intel in Apple laptops.

PARTIAL SELL
He screens the markets every quarter for the metrics he tracks. Every so often he gets a cluster of companies in a sector and it perks his interest. This happened to semiconductors. This is an area you don't want to be in during a downturn. All of the chips suggest they are at reasonable values after reasonable runs. One could consider taking some profits off the table and then let it run. They will be fairly volatile.
PAST TOP PICK
(A Top Pick Jan 04/19, Up 156%) He didn't buy this when he recommended it. He was waiting for a good entry point. An amazing turnaround story. The CEO is brilliant, working on making a higher margin business with CPUs. They are making a lot of money with their new offerings and adding market share. He would consider buying this on weakness.
TOP PICK
It is not cheap here as his price target is $45. He would buy a third of the position here and watch for opportunities to buy cheaper. They have an aggressive product strategy and institutions have been buying in. Yield 0% (Analysts’ price target is $34.28)
COMMENT
AMD vs Apple vs Canadian Tech? His price target for AMD is $41.50 -- pretty close to full value right now. Apple will continue to melt up and you should be able to price it cheaper than today. He has a price target of $265. A Canadian stock like CGI would be good.
COMMENT
A tech supplier? You could look to AI producers, like AMD or NVDA.
BUY
There is a huge rotation over the summer getting out of software. IGV has corrected around 12% and some stocks down 25%, for example. AMD is a great choice. The chipmakers have learned to manage corrections from past pullbacks. $51.50 is his price target.
DON'T BUY
He wouldn't lean into the semi-conductor space yet. Last earnings they beat, but they are trading at 50 times earnings -- pretty rich this late in the cycle. If the market goes down, this will likely fall faster.
BUY

He likes how their new chips are being bought up by Twitter and Google. There is some volatility. Full value is $30. The stock has the ability to have $10 billion in revenue and feels there is significant runway ahead of them.

TOP PICK
Covered call: buy at $30.70, sell January 30 calls at $4.30, net per share $26.40. After taking the backseat to Intel, they now have some of the best chips on the market in both PCs and gaming. Their great run will continue; he sees little downside. However, because they are volatile, their option premiums will be pricey. If AMD stays flat or rises, you get 13.6% over 4 months.
HOLD
This should remain a hold despite the recent pullback. They have some of the most advanced chip sets out there, leaving room for good future growth.
BUY ON WEAKNESS

A very popular stock with the institutional traders. It is priced to perfection, however. He thinks you will be able to buy it at $25 soon. It has beaten Intel pretty hard and other big players. He would recommend waiting to buy on weakness.

BUY

He likes it. He likes the secular tailwind. Gaming consoles and data centers get their chips. They are building more differentiated chips from NDVA-Q.

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