How to Buy Advanced Micro Devices Stock
Advanced Micro Devices Inc
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom.
Advanced Micro Devices stock last closed at $153.76, up 1.33% from the previous day, and has increased 83.48% in one year. It has overperformed other stocks in the Semiconductors industry by 0.47 percentage points. Advanced Micro Devices stock is currently +89.78% from its 52-week low of $81.02, and -32.35% from its 52-week high of $227.30.
At the moment, there are 1.62B shares of AMD outstanding. The market value of AMD is $248.44B. In the last 24 hours, 40.71M AMD shares were traded.
How to Buy Advanced Micro Devices Stock
Wondering how to invest in Advanced Micro Devices stock? Here's how.
- Choose where to buy Advanced Micro Devices stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Advanced Micro Devices stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Advanced Micro Devices stock: The Advanced Micro Devices ticker symbol is AMD. Is Advanced Micro Devices stock a good investment? Should you buy shares of AMD? How do AMD's underlying business fundamentals look? Do top analysts think Advanced Micro Devices is a good buy? Why has AMD's stock price moved recently? (Hint: Our stock market analysis website can help you understand if AMD is a good stock to buy).
- Make your AMD purchase: Decide if you will purchase AMD shares at the current market price or use a limit order to purchase AMD shares at a specific price.
- Get key alerts regarding your AMD position: Create a watchlist to important notifications about your investment in Advanced Micro Devices stock.
Step 1: Choose where to buy Advanced Micro Devices stock
You will need a brokerage account in order to access the NASDAQ market and buy AMD shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to invest in AMD stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on the best stock app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing money into your new investment account.
Step 4: Analyze Advanced Micro Devices stock
After you have figured out the best place to buy Advanced Micro Devices stock, it's absolutely critical to evaluate their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Advanced Micro Devices Metrics
AMD Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on AMD's stock page.
Is AMD stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AMD's fair value.
Using relative valuations ratios:
- AMD may be overvalued based on its P/E ratio of 290.11x, relative to Semiconductors industry P/E ratio of 58.6x
- AMD may be undervalued based on its P/B ratio of 4.45x, relative to Semiconductors industry P/B ratio of 7.69x
- AMD may be overvalued based on its PEG ratio of 1.02x
You can do more valuation research on AMD's stock here.
Is AMD a healthy company?
Passed Financial Due Diligence Checks:
- AMD has a low debt to equity ratio of 0.22.
- Total AMD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the AMD balance sheet.
- AMD's operating cash flow of $1.67B allows it to safely service it's debt of $3.00B.
- AMD earnings of $614.00M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the AMD balance sheet.
Failed Financial Due Diligence Checks:
- AMD profit margin has gone down from 5.6% to 3.8% in the past year.
Is Advanced Micro Devices stock a Buy, Hold, or Sell, according to analysts?
Out of 26 Wall Street analysts who track AMD, the consensus analyst rating on AMD is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent AMD Analyst Recommendations
C J Muse, a top 4% analyst from Cantor Fitzgerald reiterates AMD with a strong buy rating and maintains their AMD price target from $190.00 to $190.00, on Mar 11, 2024.
Ben Reitzes, a top 39% analyst from Melius Research maintains AMD with a strong buy rating and raises their AMD price target from $192.00 to $265.00, on Mar 8, 2024.
Melius Research's Ben Reitzes raised their price target on Advanced Micro Devices (NASDAQ: AMD) by 38% from $192 to $265 on 2024/03/08. The analyst maintained their Strong Buy rating on the stock.
Reitzes raised their projections on Advanced Micro Devices (AMD), citing improving short- and long-term expectations for the company's data center business.
Since AI's "inferencing phase" is still in its early stages and places heavy demands on high-bandwidth memory, which has been steadily increasing in supply this year, the analyst argued that "the MI300X should reap substantial benefits from this trend."
Reitzes noted that Melius Research's channel checks also suggest improving traditional server CPU sales atrributable to improved fundamentals and strong performance.
Vijay Rakesh, a top 1% analyst from Mizuho maintains AMD with a strong buy rating and raises their AMD price target from $200.00 to $235.00, on Mar 7, 2024.
Ingo Wermann, a bottom 16% analyst from DZ Bank downgrades AMD to a hold rating and announces their AMD price target of $200.00, on Mar 7, 2024.
Tom O'Malley, a top 23% analyst from Barclays maintains AMD with a strong buy rating and raises their AMD price target from $200.00 to $235.00, on Mar 4, 2024.
You can dig deeper into what analysts are forecasting on the Advanced Micro Devices stock forecast page.
AMD Technical Indicators
How is AMD performing as a company?
Last year, AMD earnings were $854.00M. In the last five year, AMD's earnings have increased by 9.28% per year. This was slower than the Semiconductors industry average of 26.99%.
Last year, AMD revenue was $22.68B. During the past 5 year, AMD's revenue has grown by 28.49% per year. This was faster than the Semiconductors industry average of 23.24%.
Dig into AMD's earnings and revenue performance here.
Latest Insiders Trades at AMD
Over the past year, insiders at AMD have sold more shares than they have bought.
Mark D. Papermaster, Chief Technology Officer EVP of AMD, was the latest AMD insider to sell. They sold $2,660,850.00 worth of AMD shares on Apr 15, 2024.
Learn more about who owns AMD shares here.
Can I rely on AMD as an income stream?
No, Advanced Micro Devices doesn't provide an income stream by paying out dividends.
What others are saying about AMD
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your AMD purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your AMD position
Now that you own some AMD stock, you'll want to keep up with your new company.
Make a watchlist to track the most important metrics related to your AMD stock.
AMD Feed
How to Buy Stock in Advanced Micro Devices
To summarize, here are the 6 steps you need to take to buy Advanced Micro Devices stock right now:
- Choose where to buy Advanced Micro Devices stock
- Create a brokerage account
- Put funds into your brokerage account
- Analyze Advanced Micro Devices stock
- Make your AMD purchase
- Get key alerts regarding your AMD position
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Advanced Micro Devices, hit the button below to create your watchlist.
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