Hi everyone.
On 13/03/2023, our system had provided a few picks and the results are as below:
AMD – (Buy) – Profit
Major US stock indexes see-sawed on Monday as concerns about the latest banking crisis increased and investors started pricing in the lower possibility of a rate hike by the Federal Reserve. The Dow closed 90 points lower after gaining 200 points during the session and the S&P 500 lost 0.1%, while Nasdaq 100 added 0.4%.
Let’s review our stock picks on Monday.
A call for buy for AMD which resulted in a profit. Our system entered the market at $79.80 and the price hit our adjusted TP at $81.00.
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in four segments: Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
Stay tuned for more of our stock picks.
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