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XLNX - AMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns
Xilinx Inc.
In the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded down with junk bonds.
Today, AMD's tech is getting positive reviews, the balance sheet is cleaned up, and there are big opportunities to continue grabbing market share in data centers.
AMD just raised revenue and margin guidance, with some analysts expecting AMD to earn as much as $7 per share by 2024.
Why momentum investing works and how to execute it with AMD.