Advanced Micro Devices Stock is Ready to Rebound Hosted by MarketBeat StaffNovember 7, 2023 ShareLink copied to clipboard. Play video for Advanced Micro Devices Stock is Ready to ReboundDetailsGuestsAdvanced Micro Devices' share price pulled back following the Q3 release, setting the market up for a solid rebound. The price action in this market is oversold after retracing from its 2023 peak and showing signs of support at critical price levels. Because support coincides with an expected inflection with business, AMD shares could rally into year-end and 2024. Based on the analyst chatter, consensus sentiment, and price target, this stock could gain a solid 30% in the near-to-mid-term and advance from there over the long term.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMDAdvanced Micro Devices4.9473 of 5 stars$126.91-2.8%N/A114.33 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffNovember 7, 2023 ShareLink copied to clipboard. Play video for Advanced Micro Devices Stock is Ready to ReboundDetailsGuestsAdvanced Micro Devices' share price pulled back following the Q3 release, setting the market up for a solid rebound. The price action in this market is oversold after retracing from its 2023 peak and showing signs of support at critical price levels. Because support coincides with an expected inflection with business, AMD shares could rally into year-end and 2024. Based on the analyst chatter, consensus sentiment, and price target, this stock could gain a solid 30% in the near-to-mid-term and advance from there over the long term.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMDAdvanced Micro Devices4.9473 of 5 stars$126.91-2.8%N/A114.33 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored15 Stocks Institutional Investors Are Selling NowHedge funds, endowments, and other institutional investors have been selling shares of these 15 stocks in the ...MarketBeatAI breakthrough about to upend industryEveryone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the m...Porter & Company | Sponsored10 Rock-Solid Dividend Paying Stocks to Add to Your PortfolioWhile interest rates have risen over the last few years, there's still two things that fixed-income investment...MarketBeatNvidia’s Bold Move: Tackling Tech’s $1 Trillion CrisisTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored7 Healthcare Stocks to Buy as Rate Cuts Kick InIn about a month, many consumers will choose or make adjustments to their healthcare plans for 2025. It's a go...MarketBeat
