19.12.2024 11:30:00
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AMD's Stock Is Trading Near Its 52-Week Low. Is Now the Time to Buy?
Amid all the hype about the tech sector and artificial intelligence (AI) this year, one stock that has surprisingly not done well is Advanced Micro Devices (NASDAQ: AMD), aka AMD. As of Monday, shares of the chipmaker were down 15% year to date. It's now near its 52-week low, despite its long-term potential.Could this be a great time to invest in AMD stock?AMD's peer Nvidia (NASDAQ: NVDA) has been a scorching hot buy over the years and is now among the three most valuable companies in the world. Its market cap of $3.2 trillion is more than 16 times AMD's $200 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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