#5 - Advanced Micro Devices (NASDAQ:AMD)
Having the patience to wait on something good would be sage advice when offering graduates a share or two of Advanced Micro Devices (NASDAQ:AMD). This is a company that has been doing a lot of the right things for a long time. But for the last 10 years or so, its profit margins have lagged behind its competitors.
That shouldn’t be the case for much longer. That’s a great reason to look at AMD stock as a buy-and-hold play that would make a thoughtful gift for any graduate. And as of this writing, AMD shares are down 30% in 2021.
In the short term, investors can expect AMD to generate significant revenue and profit from the global chip shortage. However, over time, this supply chain issue will resolve itself. When it does, the semiconductor sector will go back to being defined by the best in class. That’s a description that fits Advanced Micro Devices well.
About Advanced Micro Devices
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
Read More - Current Price
- $138.35
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 29 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $192.79 (39.4% Upside)
