Im not sure if most people are aware of this, but AMD's stock is $3.91 per share right now. The last time AMD had a year that didnt reach above $4 was in 1979, 34 years ago. For the last couple years they have traded above $7, and had an all time high of $46. Now its quite clear past results do not guarantee future ones, but with the advances that AMD is making in APUs, microsevers, HSA, HUMA, driving every next generation console, and leaks showing AMD is on track for very good improvements this year both financially and in CPU/GPU performance, it clearly shows that AMD will be turning around their business within the next year. Obviously if youre interested in investing in the company you should do some reading on it and not just take my word. I've made over 62% with AMD this year alone, and I believe it will continue to rake in money. AMD doesnt have to beat intel, or nvidia, or any other company, they just need to perform like they have been for almost half a century and youll be making money. I would highly suggest anyone that follows AMD or is a 'fanboy' look into their financials and investing in their stock, because there is very good money to be made and most of you are already doing half the work that analysts do. All you need to do is look into their financials and your set to invest. If it adds to credibility, I had another account here like 5 years ago, and previously recommended investing in samsung, and put half my money into it, and am up over 150% from them.. And in my eyes AMD is easy money till it hits $7 and then it may struggle to move higher.
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6/8/13 at 8:27am