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It Isn't Too Late to Buy AMD Stock, Analyst Says. Here’s Why.

The market’s best-performing stock last year still has more upside, according to Mizuho Securities. On Wednesday, Mizuho Securities analyst Vijay Rakesh raised his rating for AMD shares to Buy from Neutral, predicting big share gains for its chips this year. AMD stock rose 4.2% to $49.84 on Thursday. Read More...

The market’s best-performing stock last year still has more upside, according to Mizuho Securities. On Wednesday, Mizuho Securities analyst Vijay Rakesh raised his rating for AMD shares to Buy from Neutral, predicting big share gains for its chips this year. AMD stock rose 4.2% to $49.84 on Thursday.

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