Advanced Micro Devices, Inc. (AMD)
AMD Price and Sentiment
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Consumer tech stocks that are powering through the momentary weakness in stocks this week.
A safe strategy with huge potential.
Advanced Micro Devices, Inc (NASDAQ: AMD), Expedia Group, Inc (NASDAQ: EXPE) and Lululemon Athletica, Inc (NASDAQ: LULU) have all settled into bullish flag patterns on the daily chart. The bull flag pattern is created with a sharp rise higher forming the pole, which is then followed by a consolidation pattern that brings the stock lower between a channel with parallel lines.
The chipmaker's prospects have received a nice shot in the arm thanks to a new partnership.
AMD stock may look expensive on the surface, but Advanced Micro Devices maker is actually fairly valued compared to semiconductor peers. The post Advanced Micro Devices Is in a Strong Spot appeared first on InvestorPlace.
The highest jump for consumer prices in 30-plus years stole headlines Wednesday, but evidence of persistent inflation was the real worry for markets.
Rising inflation worries beat out a new chip deal with IBM.
Shares of several chip and semiconductor companies, including Advanced Micro Devices, Inc. (NASDAQ: AMD) are trading lower as the sector pulls back following recent strength, with chip shortage concerns driving volatility in the sector. Worse-than-expected US inflation data has weighed on stocks across sectors.
Facebook will use AMD chips in its data centers. AMD shares surge more than 10% to new high.
Meme stocks play on the increased strength of retail investors. These picks make sense for those with a moderate appetite for risk.