Advanced Micro Devices Inc (AMD)

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Advanced Micro Devices, Inc. (AMD) Stock Bulls Bet on a Beat
January 17, 2017, 10:05:58 AM EDT By Joseph Hargett, InvestorPlace Media









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Advanced Micro Devices, Inc. (NASDAQ: AMD ), one of last year's biggest tech winners, is set to take the earnings stage in about two weeks. The company has received accolades for its inclusion in the Sony Corp (ADR) (NYSE: SNE ) PlayStation 4 and the Microsoft Corporation (NASDAQ: MSFT ) XBox One consoles, as well as its moves into the VR and Internet of Things (IoT) markets.
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But can AMD keep the ball rolling heading into 2017?

Coming off a more than 300% gain in 2016, AMD stock has seen bullish sentiment swell to levels not seen since 2005. Advanced Micro Devices' lock on the current-generation console market has been a major contributor to this success, but its success in PC graphics cards for gaming has also provided substantial support.


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