AI Trading NASDAQ Fri, 15 Dec

Dear Reader,

Advanced Micro Devices Inc. (AMD) is a strong buy according to a trading strategy using an AI model with an overall accuracy of 0.65 for predicting an upward trend in the following two weeks. Between 2021-11-29 and 2023-12-11, the strategy had a potential return of 360.23%, with an average trade of 32.75% and a 53.0 day long position, with 11.0 positions taken. The analyst consensus price target is 29.93.31.

Advanced Micro Devices Inc (AMD) is an American multinational semiconductor company, based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. The company’s stock symbol is AMD, and it is listed on the NASDAQ exchange. As of December 14, 2023, the current share price is 125.86, with a market capitalization of 131.86 billion USD.

The company has had a strong performance over the past few years, with a revenue growth of 16% year-over-year in the last quarter, and a quarterly earnings growth of -0.987%. The company has also seen a steady increase in its share price over the past year, with a 52-week high of 125.67 and a 52-week low of 54.57.

The company’s current financials also show a healthy outlook, with an EBITDA of 4.52 billion USD, a P/E ratio of 99.73, and a PEG ratio of 0.902. The company also has a price to sales ratio of 4.699, and a price to book ratio of 2.038. The company’s return on assets for the trailing twelve months is 0.0198, and its return on equity is 0.0424.

Overall, Advanced Micro Devices Inc has had a strong performance in the past few years, with a steadily increasing share price and strong financials. The company’s current share price of 125.86 is an attractive investment opportunity, and should be considered by investors.

Symbol: AMD
AssetType: Common Stock
Name: Advanced Micro Devices Inc
Description: Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations, personal computers and embedded system applications.
CIK: 2488
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: MANUFACTURING
Industry: SEMICONDUCTORS & RELATED DEVICES
Address: 2485 AUGUSTINE DRIVE, SANTA CLARA, CA, US
FiscalYearEnd: December
LatestQuarter: 2022-12-31
MarketCapitalization: 131858792000
EBITDA: 4519999000
PERatio: 99.73
PEGRatio: 0.902
BookValue: 33.94
DividendPerShare: 0
DividendYield: 0
EPS: 0.82
RevenuePerShareTTM: 15.12
ProfitMargin: 0.0559
OperatingMarginTTM: 0.0536
ReturnOnAssetsTTM: 0.0198
ReturnOnEquityTTM: 0.0424
RevenueTTM: 23601000000
GrossProfitTTM: 12051000000
DilutedEPSTTM: 0.82
QuarterlyEarningsGrowthYOY: -0.987
QuarterlyRevenueGrowthYOY: 0.16
AnalystTargetPrice: 93.31
TrailingPE: 99.73
ForwardPE: 18.02
PriceToSalesRatioTTM: 4.699
PriceToBookRatio: 2.038
EVToRevenue: 4.75
EVToEBITDA: 18.86
Beta: 1.981
52WeekHigh: 125.67
52WeekLow: 54.57
50DayMovingAverage: 71.82
200DayMovingAverage: 79.19
SharesOutstanding: 1612360000
DividendDate: None
ExDividendDate: 1995-04-27

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-12-14 AMD STRONGBUY 0.65 125.86 93.31

More AI Trading NASDAQ Fri, 15 Dec buys

You must be logged in to view this content. Log In No account? Register  for Free.  

AI Trading NASDAQ Fri, 15 Dec sells

You must be logged in to view this content. Log In No account? Register  for Free.  

Back-testing and model summaries

You must be logged in to view this content. Log In No account? Register  for Free.  

Thanks for subscribing and happy investing!

The Third Perspective Team