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0 -0.0039447731755425 -0.00345167652859962 0.00636587771203161 0.00591715976331366 0.0200345167652859 0.00345167652859962 -0.00542406311637078
Stock impact report

AMD stock rises after Cowen names it among best ideas for 2019 [MarketWatch]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MarketWatch
AMD stock rises after Cowen names it among best ideas for 2019 Cowen & Co. analyst Matthew Ramsay picked Advanced Micro Devices Inc. AMD, +1.80% as one of his firm's best ideas for 2019, citing the company's move to 7-nanometer as an important catalyst. While Ramsay acknowledges that meaningful share gains take time, he argues that this lineup refresh would signify AMD's "first manufacturing advantage versus Intel INTC, +2.55% " as well as the "continued execution of the company's strategic vision." He said that crypto-related woes make for a "difficult set-up" in the first half of next year, but those issues shouldn't preclude AMD from picking up share in other businesses, growing earnings, and improving its margin profile. AMD shares are up 3% in premarket trading Tuesday, and they've gained 94% so far this year. The S&P 500 SPX, +1.35% has fallen 1.3% in that time. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. Show less Read more
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