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Why AMD Stock Just Popped
Key takeaways
- AMD NVDA Advanced Micro Devices (NASDAQ: AMD) stock skipped 3.5% higher through 10:30 a.m.
- In a note this morning, Wells analyst Aaron Rakers raised his price target on AMD stock to $615 per share, implying he sees 10% upside over the next year.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
AMD NVDA Advanced Micro Devices (NASDAQ: AMD) stock skipped 3.5% higher through 10:30 a.m. ET Tuesday, and you can thank Wells Fargo for that.
In a note this morning, Wells analyst Aaron Rakers raised his price target on AMD stock to $615 per share, implying he sees 10% upside over the next year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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