Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
According to TipRanks, Buchalter is a top 100 analyst with an average return of 49.1% and a 71.66% success rate. Buchalter covers the Technology sector, focusing on stocks such as Marvell, Broadcom, and Advanced Micro Devices.
In addition to TD Cowen, Advanced Micro Devices also received a Buy from Mizuho Securities’s Vijay Rakesh in a report issued yesterday. However, on May 19, Citi assigned a Hold rating to Advanced Micro Devices (NASDAQ: AMD).
Based on Advanced Micro Devices’ latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $10.25 billion and a net profit of $1.38 billion. In comparison, last year the company earned a revenue of $7.44 billion and had a net profit of $709 million
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMD in relation to earlier this year. Last month, PAUL DARREN GRASBY, the EVP & CSO of AMD sold 24,376.00 shares for a total of $10,832,450.64.
