earnings come out better than expected.
the price lost 4% probably because of the XLNX acquisition for $34B (it's not gonna be made by pure cash, but AMD stock going to XLNX)
I think the price can reach $74, but I'm not betting on it. at the moment I'm staying in it LONG.
the EPS, thanks to the Q3 net earnings of $501M, went to 113 from 160, losing more than 1/4 of its value.
I really think that the price could go to 100 or more in months, not years.
it's my opinion, not the future.
the price lost 4% probably because of the XLNX acquisition for $34B (it's not gonna be made by pure cash, but AMD stock going to XLNX)
I think the price can reach $74, but I'm not betting on it. at the moment I'm staying in it LONG.
the EPS, thanks to the Q3 net earnings of $501M, went to 113 from 160, losing more than 1/4 of its value.
I really think that the price could go to 100 or more in months, not years.
it's my opinion, not the future.