Where Will AMD Stock Be in 5 Years?
The past year has been underwhelming for Advanced Micro Devices (NASDAQ: AMD) investors as shares of the chipmaker have dropped more than 20% during this period, but the recent stock price action suggests that a turnaround is on the way.AMD stock hit a 52-week low on April 8. It has jumped an impressive 61% since then. But will this semiconductor giant be able to sustain its momentum in the long run and deliver solid gains to investors over the next five years?Image source: Getty Images.Continue reading
The past year has been underwhelming for Advanced Micro Devices (NASDAQ: AMD) investors as shares of the chipmaker have dropped more than 20% during this period, but the recent stock price action suggests that a turnaround is on the way.
AMD stock hit a 52-week low on April 8. It has jumped an impressive 61% since then. But will this semiconductor giant be able to sustain its momentum in the long run and deliver solid gains to investors over the next five years?
Image source: Getty Images.
