AMD Earnings Could Propel Stock To $9.50 AMD plans to report its Q2 2011 earnings tomorrow following its much larger rival Intel that reports today, and many believe that 2011 could stack up as the company’s most profitable year since 2000. [1] This implies that investors will looked for improved profits in Q2 vs. last year as well. We take this opportunity to look at some key areas that investors should watch out for given several significant developments that have taken place in first half of 2011. Our price estimate for AMD stands at $9.50, implying a premium of about 45% to the market price. http://news.yahoo.com/amd-earnings-could-propel-stock-9-50-033312205.html
My post is for my entertainment, do your own DD before pushing your buy/sell buttons