Syeda Seirut Javed
2 min read
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Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 14 stocks on Jim Cramer’s radar. While discussing Advanced Micro Devices, Inc. (NASDAQ:AMD), Cramer said that he has “always liked” the stock, as he remarked:
“So traders say if I can’t make money after Broadcom reporting a great quarter, the playbook says time to move into the lower quality, cheaper stocks that are less likely to disappoint or should never have been down to begin with. I understand the sentiment, but the problem is that these stocks have already rallied pretty hard, too…I saw some upgrades for AMD…. They’ve moved, especially AMD by the way, on speculation it might be involved with any China deal. Rare earth materials for us, AMD chips for them.
A close up of a complex looking PCB board with several intergrated semiconductor parts.
Advanced Micro Devices (NASDAQ:AMD) designs and sells a wide range of semiconductor products, including processors, GPUs, AI accelerators, and adaptive computing solutions. The company offers its services to sectors like data centers, gaming, embedded systems, and consumer computing through various branded offerings.
While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
