DailyMarketMovements

Buy AMD before they report earnings tomorrow..

Long
BATS:AMD   Advanced Micro Devices Inc
We highly recommend buying AMD into the close today ahead of their Q3 earnings report tomorrow where we are expected to hear a beat in sales and hopefully a better than expected report on the sales of their MI300X AI chip.

I believe that Lisa Sue will give several positive updates on the business and its strategy moving forward which should lead to an incline in the stock price back towards the previous swing highs for the stock around $120/130 a share.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.