Advanced Micro Devices, Inc.: Is It Time to Dump AMD Stock?
Why Bears Love AMD Stock
The current stock market is all about the social media and Internet stocks but, back in the l990s and into early 2000, it was all about the meat-and-potatoes behind personal computers (PCs) and servers. Back then, old-economy technology stocks like Cisco Systems, Inc. (NASDAQ:CSCO), which I just looked at, and central processing unit (CPU) chipmakers Advanced Micro Devices, Inc. (NASDAQ:AMD) and Intel Corporation (NASDAQ:INTC) were the stars of Wall Street.
The PCwas.