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Bullish Case: AMD's historical return profile and strong market positioning in high-growth AI/data center sectors signal potential for appreciation amid tech sector stabilization.


Bearish Case: Insider sales, hawkish Fed sentiments dampening tech valuations, and possible increased competition from Nvidia create headwinds for AMD.


Potential Outcomes:

1. AI/data center growth fuels stock rise (50%).

2. Insider sales, hawkish Fed statements continue to pressure tech (30%).

3. Intensified Nvidia competition affects market share (20%).


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April 13, 2024


Advanced Micro Devices Forecast

AMD        Advanced Micro Devices
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AMD



ENTG Forecast + Options Trading Strategies   [ENTG]  Entegris (0.95)


TECL Forecast + Options Trading Strategies   [TECL]  Direxion Daily Technology Bull 3X Shares (0.94)


SMH Forecast + Options Trading Strategies   [SMH]  VanEck Vectors Semiconductor (0.93)


VGT Forecast + Options Trading Strategies   [VGT]  Vanguard Information Technology (0.93)


NET Forecast + Options Trading Strategies   [NET]  Cloudflare (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to AMD



U Forecast + Options Trading Strategies   [U]  Unity Software (-0.0)


IPG Forecast + Options Trading Strategies   [IPG]  Interpublic Group Of Cos. (0.01)


SMTC Forecast + Options Trading Strategies   [SMTC]  Semtech (0.01)


AEP Forecast + Options Trading Strategies   [AEP]  American Electric Power (0.01)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AMD



TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.84)


WTI Forecast + Options Trading Strategies   [WTI]  W & T Offshore (-0.85)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.85)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.91)





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