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Thursday, 02/09/2017 8:32:47 AM

Thursday, February 09, 2017 8:32:47 AM

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Tech Stocks to Buy: Advanced Micro Devices, Inc.  (AMD)

Advanced Micro Devices, Inc.  (NASDAQ: AMD ) shares have surged some 40% since the middle of January after better-than-expected results - driven by increased uptake of its graphics processors - has continue the epic uptrend that started last February. Shares bottomed below $2 a share at the time, as the viability of the company was doubted. No longer.
Investors are enjoying a push to a new 10-year high after revenues grew 15% from last year. The theme in play here is that not only are GPUs continuing to drive high-end computers, they are playing a pivotal role in machine learning/AI, as well with derivative exposure to areas like autonomous transportation


Read more: http://investorplace.com/2017/02/tech-stocks-bucking-the-downtrend/#ixzz4YC8GJlLN

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