Monday January 16, 2017

AMD Earnings Preview @ Seeking Alpha

Seeking Alpha editor gives a bit of preview for AMD's earning call to be given on January 31st.

AMD's expected loss in the quarter may take some steam out from the stock's strong performance in the last year. Of all the stocks I covered, AMD accounted for the five-fold return. For this year, a successful release of Ryzen will not only mean AMD holding 2016's gains on the markets, but new yearly highs for its share price.

Even with 18 analysts putting a negative spin on average earnings expectations, it is hard to look at AMD stock in a negative light since its share price is up around 500% since last May.