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Technology Stocks : AMD, ARMH, INTC, NVDA
AMD 231.80+1.7%Jan 16 3:59 PM EST
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To: neolib who wrote (35339)2/26/2020 2:48:00 AM
From: VattilaRead Replies (1) of 73775
 
Regarding AMD stock movement, the crucial thing to watch, I think, is whether analysts start to doubt this year's, or particularly, next year's, earnings and growth, with subsequent downgrades and stock targets revised down. If not, there is currently a build-up of buying pressure, with 12 month stock targets above $60 from respected analysts.

So far the stock is just back where it started the year, which is not bad considering the onslaught of disruption and uncertainty brought by Covid-19.
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