The Appeal of AMD

Advanced Micro Devices (AMD) is today’s FOMO stock. In this segment Alex Coffey and Ben Lichtenstein discuss the semiconductor company. Alex talks about Stifel analyst Ruben Roy initiating coverage of AMD (AMD) with a Buy rating and $122 price target, citing its "strong product roadmap". Ben and Alex compare the growth of AMD over the past 7 years versus Intel (INTC). Ben examines the semiconductor space overall and Alex highlights how AMD performs directly against Intel (INTC). Alex then demonstrates an example iron butterfly trade of AMD which was ~$82/share on Thursday.