www.reportdoor.com
Open in
urlscan Pro
2a06:98c1:3120::7
Public Scan
URL:
https://www.reportdoor.com/amd-is-about-as-hot-as-it-gets-heres-how-to-trade-it/?utm_source=rss\u0026utm_medium=rss\u0026ut...
Submission: On April 06 via api from US — Scanned from DE
Submission: On April 06 via api from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
Skip to content REPORT DOOR Menu Menu * Contact Us/Advertise * US * World * Business * Entertainment * Sports * Science * Tech * General AMD IS ABOUT AS HOT AS IT GETS: HERE’S HOW TO TRADE IT April 5, 2022 by Erin Clark The news on Monday morning was a little surprising. Long-time Sarge fave Advanced Micro Devices (AMD) had agreed to acquire edge computing startup Pensando for about $1.9B… just weeks after closing the $50B deal to acquire Xilinx. It wasn’t long before another long-time Sarge fave, AMD CEO Lisa Su herself, was out and about talking up the deal, and her firm. LISA SU LIVE Su appeared at CNBC, She spoke about “doubling down on the data center” where the firm competes against the likes of Nvidia (NVDA) and Marvell Technology (MRVL) as well as others. She spoke about the hit and miss environment of selling processors for PCs, where the firm has taken share away from Intel (INTC) . Su also spoke on gaming where even though not quite as hot as the data center, growth remains strong. AMD provides GPUs to both Microsoft (MSFT) and Sony (SONY) for their gaming consoles and competes here against the likes of Nvidia as well. On Gaming, Su said, “It’s a very strong gaming cycle here this year and into ’23 and beyond.” PERFORMANCE AMD is expected to report the firm’s first quarter financial results in three weeks. Consensus view is currently for EPS of $0.92, with a range spanning from $0.84 to $0.96. Expectations on the revenue generation side are for about $5.6B. The range for top line results spans from $5.5B to $5.67B. Should AMD report precisely on expectations, these numbers would amount to earnings growth of 77% on revenue growth of 62%. This would maintain the pace of earnings growth of 78% and 77% the last two quarters and accelerate sales growth from the 54% and 49% reported for those same two quarters. In short, AMD is and has been about as hot as it gets. Yet, the stock trades at “just” 27 times forward looking earnings, less Marvell’s 31 times and Nvidia’s 48 times, two firm’s growing performance similarly. by Taboolaby Taboola Sponsored LinksSponsored Links Promoted LinksPromoted Links You May Like 888sport 100% Bonus bis 100€ auf deine erste Einzahlung888sport Undo eToro Lernen Sie einen der neuesten Favoriten von Krypto-Investoren kennen: Shiba InueToro Undo Hörgeräte Experten Gänsehaut in Rothenburg Ob Der Tauber: Dieses Hörgerät für wenig Geld ist auf Platz 1 der RanglistenHörgeräte Experten Undo Hören heute Unglaublicher Ansturm in Rothenburg Ob Der Tauber: Dieses Hörgerät verkauft sonst keinerHören heute Undo KT Bank AG KT GoldKonto | KT Bank AGKT Bank AG Undo ' ' ' ' ' ' Fundamentally, Advanced Micro Devices is in great shape. A net cash balance more than five times total debt, A very healthy current ratio of 2.02, and total assets that run at about two and a half times total liabilities less equity. As of the end of the fourth quarter, AMD had a tangible book value of $5.70 per share, while producing free cash flow of $2.65 per share for that quarter. AMD passes all of the Sarge tests with flying colors. MY OPINION I may have a bias. That said, I see AMD more likely to take further share from Intel, especially now, after the Xilinx takeover, than market share is likely to go the other way. I think acquisitions like Pensando better prepare the firm to defend itself in the data center (and gaming) in what will be a serious turf war among the more elite processor manufacturers. I like AMD in terms of valuation and leadership. Can the stock still come in? Of course it can. Demand, in my opinion… is going nowhere. Dips in AMD, from my view, are to be used for the purpose of share accumulation. Readers will see that a descending triangle had been in place (which is bearish) and that the triangle was disrupted as it came to a close in mid-March. Though the shares have again come in, and surrendered all three of our more important moving averages (21 day EMA, 50 day SMA, 200 day SMA), I don’t think I run for the hills here. The stock has found support at an even $100 twice now. That is the serious line that we don’t want to see break. This makes for me, with no discernible pattern in place, the 200 day SMA, currently at $117.42, the moving pivot. Readers will note that we have had to make some adjustments. Advanced Micro Devices – Target Price: $146 – Pivot: $117 (200 day SMA) – Panic: $98 (break of established support) (AMD, NVDA, MRVL, MSFT is a holding in the Action Alerts PLUS member club. Want to be alerted before AAP buys or sells these stocks? Learn more now.) Get an email alert each time I write an article for Real Money. Click the “+Follow” next to my byline to this article. 888sport 100% Bonus bis 100€ auf deine erste Einzahlung888sport| SponsoredSponsored Hier klicken Undo Hörgeräte Experten Gänsehaut in Rothenburg Ob Der Tauber: Dieses Hörgerät für wenig Geld ist auf Platz 1 der RanglistenHörgeräte Experten| SponsoredSponsored Undo Hören heute Unglaublicher Ansturm in Rothenburg Ob Der Tauber: Dieses Hörgerät verkauft sonst keinerHören heute| SponsoredSponsored Undo eToro Lernen Sie einen der neuesten Favoriten von Krypto-Investoren kennen: Shiba InueToro| SponsoredSponsored Mehr erfahren Undo KT Bank AG KT GoldKonto | KT Bank AGKT Bank AG| SponsoredSponsored Undo Hörgeräte Experten Rothenburg Ob Der Tauber: Unsichtbares Hörgerät, das sich jeder leisten kann!Hörgeräte Experten| SponsoredSponsored Undo Categories General Other Post navigation Britney Spears References Justin Timberlake’s Apology In Post About Her Book Zelensky says Russia is committing war crimes, breaking U.N. charter REACH US * Contact Us/Advertise Sponsored LinksSponsored Links Promoted LinksPromoted Links You May Like Hörgeräte Experten Rothenburg Ob Der Tauber: Unsichtbares Hörgerät, das sich jeder leisten kann!Hörgeräte Experten Undo Pro Verbraucher Deutsche tauschen Krankenbett durch HotelbettPro Verbraucher Undo Sarah's Blessing Ärzte in Rothenburg Ob Der Tauber verblüfft: "Es ist wie ein Gleitmittel für die Gelenke" - Jetzt Lesen!Sarah's Blessing Undo Prostaphytol Schluss mit Prostata-Problemen - Linderung innert weniger WochenProstaphytol Undo SUV | Gesponserte Links Die besten SUVs für Senioren (überraschend günstig)SUV | Gesponserte LinksJetzt Suchen Undo Verbund Pflegehilfe Treppenlift sorglos Paket: Angebote vergleichen, günstigen Anbieter wählen + 4.000 € Zuschuss.Verbund Pflegehilfe Undo Verbraucher Fokus Dieses Messer bleibt ein Leben lang scharf – Den Grund werden Sie nicht glaubenVerbraucher Fokus Undo VitaMoment "Wie kann man die Leber entgiften?" (So geht es)VitaMomentMehr erfahren Undo Sheko Nahrungsergänzungsmittel Dieser Diätshake bricht alle Verkaufsrekorde, lese hier was so besonders an SHEKO istSheko NahrungsergänzungsmittelWeiterlesen Undo by Taboolaby Taboola © 2022 REPORT DOOR • Built with GeneratePress REPORT DOOR Menu Menu * Contact Us/Advertise * US * World * Business * Entertainment * Sports * Science * Tech * General More stories to check out before you go Keep on reading Playboy model with revealing top ‘humiliated’ on Southwest flightA Playboy model traveling with her 7-year-old son said she was “humiliated and embarrassed” by a Southwest Airlines flight attendant who told her sheReport Door Group 3 Undo Instagram, OnlyFans millionaire model roasted for errorFans of an Instagram and OnlyFans millionaire model are mocking the young woman after she mistakenly referred to Sydney as Australia’s capital.AccordingReport Door Group 3 Undo Influencer Joselyn Cano, 30, reportedly dead after surgeryJoselyn Cano, an Instagram influencer and swimwear designer, has reportedly died following a botched operation. The family of Cano, 30, has not yetReport Door Group 3 Undo TikTok star Dazhariaa Quint Noyes died by suicide: parentsTikTok star Dazhariaa Quint Noyes’ cause of death was suicide, her parents have confirmed. The rising influencer, who was also known as Dee, died at 18Report Door Group 3 Undo ' ' ' ' ' ' Jennifer Lopez, Alex Rodriguez split over Madison LeCroy scandalJennifer Lopez and Alex Rodriguez broke up in the wake of his scandal with “Southern Charm” star Madison LeCroy. A source exclusively tells Page Six theReport Door Undo TV news anchor dies aged 47Katherine Craig, a reporter for NBC New York, has died suddenly (WSNBC / NBC New York)A popular television news anchor with NBC New York, Katherine Creag,Report Door Undo Is Venus Williams dating Reilly Opelka?Venus Williams is scoring off the court. The 40-year-old tennis star is rumored to be dating fellow tennis player Reilly Opelka, who stands at 6-foot-11.Report Door Undo Sloane Stephens hits out at Emma RaducanuEmma Raducanu (left) and Sloane Stephens – Sloane Stephens questions Emma Raducanu's behaviour at Australian Open, saying Briton 'has a lot to learn' -Report Door Undo 888sport 100% Bonus bis 100€ auf deine erste Einzahlung888sport| SponsoredSponsored Hier klicken Undo eToro Lernen Sie einen der neuesten Favoriten von Krypto-Investoren kennen: Shiba InueToro| SponsoredSponsored Mehr erfahren Undo Mike Zimmer’s rumored girlfriend posts topless photo in Instagram returnReport Door Undo Pamela Anderson marries bodyguard Dan Hayhurst in secret weddingReport Door Undo Hörgeräte Experten Gänsehaut in Rothenburg Ob Der Tauber: Dieses Hörgerät für wenig Geld ist auf Platz 1 der RanglistenHörgeräte Experten| SponsoredSponsored Undo Hören heute Unglaublicher Ansturm in Rothenburg Ob Der Tauber: Dieses Hörgerät verkauft sonst keinerHören heute| SponsoredSponsored Undo Colombian woman who beheaded owl is assassinatedA Colombian woman who sparked a massive outcry over the summer after she beheaded an owl on social media has apparently paid with her life, the Daily MailReport Door Undo Miley Cyrus’ top fell off at her ‘New Year’s Eve Party’ so she seamlessly threw a blazer on and kept singingMiley Cyrus' top fell off during her New Year's Eve special so she put a blazer on and kept singing.NBCMiley Cyrus' top fell off at her "New Year's EveReport Door Undo Playboy model with revealing top ‘humiliated’ on Southwest flight Read Next Story 888sport 100% Bonus bis 100€ auf deine erste Einzahlung888sport| SponsoredSponsored Read Next Story eToro Lernen Sie einen der neuesten Favoriten von Krypto-Investoren kennen: Shiba InueToro| SponsoredSponsored Read Next Story