Why AMD Stock Might Already Be This Year's Best Buy
Portfolio Pulse from
Advanced Micro Devices Inc (AMD) shares have dropped significantly, making them an intriguing opportunity in the semiconductor space. The stock has fallen 50% from its all-time high in March 2024, including a 30% drop in the last quarter of the previous year.
January 09, 2025 | 1:15 pm
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AMD shares have experienced a significant decline, dropping 50% from their all-time high in March 2024. This includes a 30% decrease in the last quarter of the previous year, making the stock an intriguing opportunity in the semiconductor sector.
The significant drop in AMD's stock price, particularly the 30% decline in the last quarter, suggests a potential undervaluation. This could attract investors looking for opportunities in the semiconductor sector, potentially driving the stock price up in the short term.
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