We’ve owned Advanced Micro Devices (AMD) in The Kelly Letter for a while now, with a cost basis below $10. Over the weekend I received a note from an analyst I’ll call Robert, who subscribes to the letter, from which the following: You need to face facts on AMD, and spare your readers endless rationalizations […]
Tag Archives: AMD
Advanced Micro Devices
Here at The Kelly Letter, we’ve had our eye on Advanced Micro Devices (AMD) since it was over $21 in November. Since then, it has fallen some 24%, a full 8.5% just this week. Our initial buy target was $20, from which it has steadily dropped as I’ve monitored the stock and felt that it […]
