AMD: Poised To Repeat In 2019

Nvidia followed up the top S&P 500 gain in 2016 with an 81% gain in 2017.
AMD is positioned to raise long-term financial targets.
My 2020 estimate remains $10.0 billion revenues, $1.50 EPS making the stock cheap at $18.
One of my favorite picks in 2018 faltered to end the year. By all accounts, Advanced Micro Devices (AMD) had a huge year, but some in the market view the year as a failure with questioned prospects going forward. The reality is that a secular shift presents AMD with the ability to repeat the biggest gain in the S&P 500 index again in 2019.
Read the full article on Seeking Alpha. 

Disclosure: Long AAPL. Please review the disclaimer page for more details. 
 

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