Advanced Micro Devices Inc (AMD): STRONG BUY ! AMD Will Turnaround Strong...

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Monday, 04/25/2016 8:54:40 AM

Monday, April 25, 2016 8:54:40 AM

STRONG BUY !
AMD Will Turnaround Strongly Under Lisa Su's Leadership

Summary

•AMD’s turnaround is becoming more visible under Lisa Su’s leadership.

•Radeon Technologies Group is firing all cylinders. Great decision by Su to form the organization.

•Su’s China play by licensing AMD’s server chip IPs is also a welcome decision.

A key takeaway from AMD's (NASDAQ:AMD) Q1 2016 results is that AMD is turning around strongly under the leadership of President and CEO, Lisa T. Su. During the Q1 earnings call, Su said that AMD has outperformed the PC market in the quarter. Su also said that VR will be a key long-term demand driver for AMD. AMD is going to be one of the best turnaround stories of recent times.

http://seekingalpha.com/article/3967399-amd-will-turnaround-strongly-lisa-sus-leadership