3 Reasons AMD Could Be the Hottest Stock of the Summer
From Nasdaq: 2025-06-20 13:03:00
Advanced Micro Devices Inc. (NASDAQ: AMD) is on an impressive rally, up 65% since April with higher lows and highs. Analysts are bullish on AMD’s surging earnings, strong forward guidance, and potential for a GPU business rebound. The market is bullish, making AMD a compelling catch-up play with a clear path to $140 and beyond.
AMD’s strong fundamentals, analyst support, and market environment set it up for summer outperformance. The company’s momentum could lead to $180 or even $200 per share. For investors who missed out on NVIDIA’s rally, AMD offers a second chance at semiconductor gains. Expect continued momentum and a potential summer surge for AMD.
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