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Friday, May 19, 2006
Advanced Micro Devices (AMD) Challenges Intel
It's not often we get to enter great stocks on a pullback. Luckily for us, the market is acting nastily to tech stocks these days, mainly because all the hot money has been chasing commodities which were on a tear. When the big institutions and hedge funds feel the market is safe and decide to return the money they have taken out and put it back, don't be surprised to see the tech stocks continue their interrupted bull run.
Advanced Micro Devices designs, manufactures, and markets microprocessor solutions for the computing, communications, and consumer electronics markets. Their microprocessor products are used in desktop and mobile personal computers, servers and workstations, and chipset products. The company’s customers consist of original equipment manufacturers, original design manufacturers, and third-party distributors. Advanced Micro Devices sells its products through its direct sales force, third-party distributors, and independent sales representatives. Advanced Micro Devices was founded in 1969 and is headquartered in Sunnyvale, California.
For years, they have made inroads into the market dominated by Intel by developing compatible chips with more power and lower cost than their rival. And for years, Dell Computer has used Intel exclusively in the products. Now, for the first time, Dell has given in and is offering high-end servers with the AMD chips. This has caused a rally in Dell's stock as investors believe this will help Dell's sales and market leadership.
It's time to get into Advanced Micro Devices - this is a great company, in their market for the long haul, with a future that can only get better and better. Intel is a lumbering giant, and AMD is well positioned to steal Intel's business and make it its own.
Trade carefully,
The Rogue Trader
Important disclaimer: The publishers, editors and authors of this newsletter and associated website, TheRogueTrader.com, are not financial advisors, and do not recommend the purchase of any stock or advise on the suitability of any trade or investment. The information in this newsletter and on the associated website is provided for educational and entertainment purposes only. Stock trading and investing can cause loss of capital, and you should always consult with a professional financial advisor before trading or investing.
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