Stock Rating Upgrade
The Value Trend Rating for Advanced Micro Devices Inc (NASDAQ: AMD) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Advanced Micro Devices Inc (NASDAQ: AMD) stock closed at $134.90 on 11/15/24 after a decline of -2.8%. Moreover, above average trading volume at 125% of normal accompanied the decline. The stock has declined -10.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Advanced Micro Devices has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Advanced Micro Devices has a slightly positive Appreciation Score of 68 but a poor Power Rating of 20, with the Low Neutral Value Trend Rating the result.
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