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Analysts Just Turned Bullish on this Tech Heavyweight

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behindthemarkets.com

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Fri, May 17, 2024 01:03 PM

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Their revenue could grow to $5bn in 2024 Â here. Â Prefer to view this content on our website? ---

Their revenue could grow to $5bn in 2024 [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Company: Advanced Micro Devices (SYM: AMD) Oversold shares of Advanced Micro Devices (SYM: AMD) are starting to bounce back strong. All after analysts at Jefferies initiated coverage of AMD with a buy rating, with a price target of $190 a share. AMD just replaced Nvidia on the Wolfe Research Alpha List. “Our views on NVDA and AMD haven't changed, but the relative move in stock prices YTD causes us to make a tactical shift in priority, moving AMD to the Wolfe Alpha List, replacing NVDA, which is up ~90% YTD and ~100% since it was added to the list in November 2023,” added Wolfe, as quoted by Investing.com. --------------------------------------------------------------- Investors Alley[These Stocks Are Paying "Secret Dividends" This Month]( [dividends]( The most popular stocks are paying what I like to call "secret dividends" this month that can boost your income fast. I'm talking 122.65% on NVIDIA, 51.92% on Tesla, and even 148.51% on Coinbase. These yields are possible thanks to a brand new source of income (no options trading required). [Click here to learn how to start collecting these secret dividends today.]( --------------------------------------------------------------- JPMorgan recently said, “We believe that near-term the team is supply constrained, but given 2H supplier commitments and expanding supply, they are NOT capped at their $4B annual target," Sur wrote in an investor note. "We believe the team can grow datacenter GPU revenue to $5B+ in CY24 and continue to take share from Intel in server and PC CPUs (we estimate 100 [basis points] of share gain in 1Q and 2Q server CPU share)." --------------------------------------------------------------- Smallcaps Daily[--> The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way]( --------------------------------------------------------------- The firm also raised its 2024 estimates on strong AI demand, with a $180 price target. And while KeyBanc may have lowered its price target to $230 from $270. However, it did maintain an overweight rating, and sees AMD on track to capitalize on the growing demand for graphics processing units (GPUs) with the AI boom. --------------------------------------------------------------- Paradigm Press[Millionaire-Making “Wealth Pattern” Just Repeated on April 22]( [backing bitcoin]( If you think you missed out on the Bitcoin band wagon… You need to watch this immediately. You HAVE NOT missed out. Not yet… James Altucher here and I first called Bitcoin back in 2013 when it was trading for just $113 per coin. I even went live on CNBC to talk about it. Here's me on May 15, 2013 when I announced I was selling my first book exclusively via Bitcoin! It has gone up over 500 times in price since. On another coin, I made a 7,000% return in less than two years. On another, I got in early at just $0.52 per coin. Within four years, it was worth $237 apiece. That’s 45,000%! As incredible as the returns have been so far… This biggest returns STILL lie ahead. [Watch my new video. I explain everything. It will all become clear in a moment.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Are you invested in any tech/AI stocks? Do you have your eye on any opportunities we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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