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To: Sam who wrote (80736)8/10/2018 2:13:47 PM
From: Sam1 Recommendation

Recommended By
Donald Wennerstrom

  Respond to of 95639
 
In case anyone takes GS's new ratings on AMD and GS too seriously... Note the date on this piece.

AMD: New Management Shows Improvement, Says Goldman, But Still a Sell

New management of Lisa Su and team at AMD are showing better execution than the old AMD, says Goldman Sachs analyst Toshiya Hari, but Hari still rates the stock a Sell, noting rising expenses.
By Tiernan Ray
July 26, 2017 3:58 p.m. ET

Goldman Sachs’s Toshiya Hari is unmoved today in the case of Advanced Micro Devices (AMD), maintaining a Sell rating, and a $10.60 price target, following the company's better-than-expecteded Q2 yesterday, arguing that despite progress in the business, costs are keeping profit boxed in.

continues at barrons.com



To: Sam who wrote (80736)8/10/2018 3:17:40 PM
From: Donald Wennerstrom1 Recommendation

Recommended By
Sam

  Read Replies (2) | Respond to of 95639
 
Thanks for posting these articles about INTC and AMD.
This morning an analyst at Goldman Sachs flip-flopped their stance on two rival chip stocks. Advanced Micro Devices, Inc. (NASDAQ:AMD) was upgraded to "neutral" from "sell" and saw its price target bumped up to $21 from $13.25, while sector peer Intel Corporation (NASDAQ:INTC) was downgraded to "sell" from "neutral" and received a price-target cut to $44 from $49. The analyst in coverage believes the delay in manufacturing for Intel's new processors gives AMD an advantage, and that the blue chip's margins could come under pressure.
Anyone observing INTC and AMD performance over a long period of time knows better on where to put their money, however the "pump and dump" analysts love to promote AMD over INTC. AMD has been a "loser" compared to INTC since their founding's around the 1980 era. Like they say, hope springs eternal when it comes to AMD. They continue to lose money over long periods, but there are always analysts around to promote the stock saying this time it is different. Look at the present situation,

Message 31730832

Earnings estimates for Current Year and Next Year are 0.46 and 0.62 for a grand total of 1.08. Present PE values are 40.2 and 29.8. It was pointed out in one of the articles that the short interest on AMD is very high. Any "entity" looking to short a stock would pick on AMD, and rightly so, based on its earnings outlook and prior history, but the "market" loves AMD and always pumps it up to extremely high levels until it "flops" again.

The chart shows the long time performance of INTC and AMD from the 1992 era to now where INTC has gained 15,000% and AMD has gained essentially "0"%. The market "loved" AMD way back when and they love it now. Isn't there an old saying out there that says, "Love springs eternal"?