Out Fox The $treet

AMD has the capacity to surpass forecasted weak sales growth in Q3 and beyond. The chip company appears poised to make the jump to 40%-plus gross margins due to higher margins from EPYC. Look for the long-term EPS target to get hiked above the $0.75 estimate. After a stunning rally to $30, investors might be shocked to find out that  Advanced Micro Devices  ( AMD ) already is at the end of the growth phase, according to forecasts. As per my  previous research , the cyclical nature of the business should haunt the stock at these levels, but the business trends remain far too bullish to dump AMD and run away here. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Nvidia hit a new high to start trading Wednesday to cap a remarkable run from the lows to start 2016. Despite the excitement over end market opportunities, most of the stock gains came from multiple expansion. The analyst community became too bullish allowing for a contrarian play by Citron Research to easily take down the stock. When a stock soars and analysts upgrade the price target, one has to question if the positive momentum is too much. Such the case incurred with  Nvidia (NASDAQ: NVDA ) the last couple of weeks. Read the full article on Seeking Alpha.  Disclosure: No position. Please review the disclosure page for more details.