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A brief assessment by Chief Strategist Dave Sekera at Morningstar.
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$AMD
Citigroup analyst Christopher Danely maintains a "Neutral" recommendation on Advanced Micro Devices and raises his price target from $85 to $120.
Do you have AMD in your portfolio?
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So all the bears just capitulated and turned into bulls again? We've still got a lot of fun to have! $NVDA $AMD $META
What about you, have you changed your minds lately too? 👀
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Like gentlemen and ladies. Growths from the beginning of 2023... 🤑 Do you have any? 🥂
NVIDIA $NVDA : +101%, Facebook $META : +98%, AMD $AMD : +57%, Tesla $TSLA : +37%, Amazon $AMZN : +35%, Google $GOOGL : +35%, Apple $AAPL : +33%, Microsoft $MSFT : +31%, Nasdaq 100 $QQ : +23%, S&P 500 $SPY : +8%.
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There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...