AMD Stocks: Reasons to Consider Investing in AMD (AMD) in 2019

Lisa Su, the president and the CEO of AMD (Advanced Micro Devices) is said to have made sure that AMD is able to showcase a continuous progress, both in the stock market and within company’s operations.

That is how AMD stocks often represented a safe option for Wall Street investors, while AMD stocks went from 2.14$ recorded in February 2014 to 22.82$ in February 2018, making a major leap in the course of 4 years.

Here are some of the reasons why AMD stocks are still some of the most promising in the sector.

AMD Recording an Increased Momentum Alongside Growing Sales

According to Goldman Sachs, AMD has a great chance of keeping the positive momentum alive in the big data market that the company have showcased in the last several years, including 2018 and the beginning of 2019.

Goldman Sachs expects to see mid-single digits by the end of 2019 as the company was able to capitalize on EPYC processor that is presently recording increased sales in oppose to Intel’s new product said to be slowing down in sales.

AMD Leading in CPU Technology

As the market of CPU technology is growing from year to year, AMD is joining the sector of designing and manufacturing advanced PC processors with a major market share in oppose to competitors such as NVIDIA and Intel.

While EPYC is recording increased sales, Ryzen CPU for PCs as showcased in January 2019 by AMD’s CEO, should outperform Intel’s Core i9-990K CPU with 8 core technology and while using less energy.

AMD Stocks Prediction for 2019 and 2020: Analysts Positive on AMD Stock Performance

According to analysts, AMD might be ahead of its competitors based on the share price momentum and reports for the last quarter of 2018.

AMD is able to provide a sustainable profitability, which is why analysts such as David Wong, believe that the share price could reach 33$ per share in the following period of 2019, while AMD should continue to showcase progress and gains in the market even in 2020 through driving more sales to the company.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.