AMD stock closes lower despite market improvement, but has outperformed sector and S&P 500 recently

From Nasdaq:

– Advanced Micro Devices (AMD) closed at $190.65 with a -0.21% change from the previous day, falling behind the market indices. AMD’s stock has risen 9.89% in the last month, outperforming the sector and the S&P 500.

– Analysts anticipate AMD’s upcoming earnings to be $0.60 per share and expect revenue of $5.42 billion, signifying slight growth from the previous year.

– AMD’s current Forward P/E ratio is 55.19, higher than the industry average, with a PEG ratio of 2.21. The Electronics – Semiconductors industry holds a Zacks Industry Rank of 191, in the bottom 25%.

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Read more at Nasdaq: Advanced Micro Devices (AMD) Stock Declines While Market Improves: Some Information for Investors