AMD to hit $48 in 12 months### Company Summary
Advanced Micro Devices, Inc. (AMD) is an American semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While initially it manufactured its own processors, the company later outsourced its manufacturing, a practice known as fabless, after GlobalFoundries was spun off in 2009. AMD's main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.
AMD is the second-largest supplier and only significant rival to Intel in the market for x86-based microprocessors. Since acquiring ATI in 2006, AMD and its competitor Nvidia have dominated the discrete Graphics Processing Unit (GPU) market.
Lisa Su (born 1969) is a Taiwanese-American business executive and electrical engineer, Ph.D. from MIT in 1994, and the CEO and president of Advanced Micro Devices (AMD). Early in her career, Su worked at Texas Instruments, IBM, and Freescale Semiconductor in engineering and management positions.She is known for her work developing silicon-on-insulator semiconductor manufacturing technologies and more efficient semiconductor chips during her time as vice president of IBM's Semiconductor Research and Development Center.
Su was appointed president and CEO of AMD in October 2014, after joining the company in 2012 and holding roles such as senior vice president of AMD's global business units and chief operating officer. She currently serves on the boards of Analog Devices, Global Semiconductor Alliance and the U.S. Semiconductor Industry Association, and is a fellow of the Institute of Electrical and Electronics Engineers (IEEE). Recognized with a number of awards and accolades, she was named Executive of the Year by EE Times in 2014 and one of the World's Greatest Leaders in 2017 by Fortune.
According to Form 10-Q of AMD filed, AMD is a global semiconductor company with facilities around the world. Within the global semiconductor industry, primarily offering:
* x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and
* server and embedded processors, semi-custom System-on-Chip (SoC) products and technology for game consoles. AMD also licenses portions of intellectual property (IP) portfolio.
AMD's financial results for the second quarter of 2018 demonstrate continued success in the execution of AMD's long-term strategy for sustained growth. Net revenue in the second quarter of 2018 was $1.76 billion, a 53% increase compared to the second quarter of 2017. The year-over-year increase was primarily due to a 64% increase in Computing and Graphics net revenue and a 37% increase in Enterprise, Embedded and Semi-Custom net revenue. The increase in the Computing and Graphics segment net revenue was primarily due to higher sales of AMD's RadeonTM and RyzenTM products. The increase in the Enterprise, Embedded and Semi-Custom segment net revenue was primarily due to higher semi-custom revenue as well as higher EPYCTM server revenue. AMD's operating income for the second quarter of 2018 was $153 million compared to an operating loss of $1 million in the second quarter of 2017. AMD's net income for the second quarter of 2018 was $116 million compared to a net loss of $42 million in the second quarter of 2017.
AMD continued to introduce new products in the second quarter of 2018, including premium notebook AMD Ryzen PRO APUs designed specifically for the commercial market. AMD also announced the availability of four models of AMD's 2nd Generation Ryzen desktop CPUs optimized for gamers, creators and hardware enthusiasts.
Cash, cash equivalents and marketable securities as of the end of the second quarter of 2018 were $983 million, compared to $1.18 billion as of the end of the fourth quarter of 2017.
AMD intends the discussion of financial condition and results of operations that follows to provide information that will assist you in understanding AMD's financial statements, the changes in certain key items in those financial statements from year to year and quarter to quarter, the primary factors that resulted in those changes, and how certain accounting principles, policies and estimates affect AMD's financial statements.
### Statistics
Shares Outstanding: 0.97B
Avg Daily Vol: 100.7M
Market Cap: 31.5B
52-Week High: $32.22
52-Week Low: $9.04
Forward PE: 42.71
Annual Div/Dividend Yield: $0.00 / 0.00%
Annual Rev: 6.9B
Inst Own: 68.1%
1-Month Return: 15.5%
3-Month Return: 45.7%
Next Earnings Report Date: 10/23/2018
Earnings ESP: NA
Revenue Per Employee: $742,133
Money Flow Ratio: 1.04%
### Profitability
Revenue Growth: 40.4% (Sector Average 9.8%)
Gross Margin: 36.1% (Sector Average 38.8%)
Return on Equity: 47.1% (Sector Average 7.1%)
Net Margin: 5.4% (Sector Average 4.9%)
### Debt
Current Ratio: 1.8 (Sector Average 2.9)
Debt-to-Capital: 67.1% (Sector Average 25.9%)
Interest Funding: 18.5% (Sector Average 5.1%)
Interest Coverage: 4.5 (Sector Average 4.2)
### Dividend
Dividend Growth: NA (Sector Average 12.8%)
Dividend Payout: NA (Sector Average 35.8%)
Dividend Coverage: NA (Sector Average 3.8)
Dividend Yield: NA (Sector Average 0.0%)
### Top Peer Companies
Avid Technology, Inc (AVID)
Cabot Microelectronics Corporation (CCMP)
Cirrus Logic, Inc (CRUS)
DIALOG SEMICON (DLGNF)
Diodes Inc (DIOD)
EMC Corp (EMC)
F5 Networks Inc (FFIV)
Falconstor Software Inc (FALC)
Intel Corp (INTC)
International Business Machines Corp (IBM)
Lattice Semiconductor Corporation (LSCC)
Mellanox Technologies, Ltd (MLNX)
Netapp, Inc (NTAP)
Nvidia Corp (NVDA)
Oracle Corporation (ORCL)
PMC Sierra Inc (PMCS)
Unisys Corp (UIS)
### 12 Month Price Target
Mean: $39.01
High: $48.77
Low: $25.13
### Revenue Growth
Approximated quarterly revenue growth compared to the same quarter of the year before are as follows:
Q1 2015: -26.3 %
Q2 2015: -34.7 %
Q3 2015: -25.7 %
Q4 2015: -22.7 %
Q1 2016: -19.2 %
Q2 2016: 9.0 %
Q3 2016: 23.2 %
Q4 2016: 15.5 %
Q1 2017: 33.8 %
Q2 2017: 25.7 %
Q3 2017: 19.0 %
Q4 2017: 18.3 %
Q1 2018: 67.4 %
Q2 2018: 43.7 %
### Earnings Surprise
Positive (+10.3%)
aicody.com
Targets
XVG prediction depends on bitcoin though verge is looking reasonably strong.
* could be possible to see a bounce just a little lower from SL1
also keep an eye on the DMI as + (green) looks to be falling closer to - (red) other than that 20ema looks to be close to crossing 50ema will obviously need more volume to push past but i would expect if it does these targets would be possible.
targets
TP1 .247
TP2 .266
TP3 .294
TP4 .329
Sop Loss
SL1 .204
SL2 .165
How to detemine Targets for Pennant BreakoutsThe target for a pennant breakout should be determined by the height of the pennant
In this example the height was 165 pips.
The price reached broke out and reached 161 pips.
Of course, it's not always perfect but it's close enough.
A similar example can be seen in last weeks pennant break out on EURUSD. However, on the EURUSD example, when price broke out it did a retest and then continued to the target. Retest do occur, so be weary of moving your stop too early and then missing the main move
Thanks for reading.
IOTA For obvious reasons with the crypto market i would wait for more of a signal until entering a trade but my prediction for iota.
would wait for a decent cross of the 50ema before making a trade unless you have just bought iota on the low then watch for some resistance at the 50 ema to see if you want to take profit at TP1, if we see a break though next targets i think are possible over the rest of the month.
will be keeping my Stop Loss close. could possibly see another heavy sudden cliff drop again in cryptos (Bitcoin) but staying optimistic is usually more fun. I will be more worried by a subtle decline.
targets
TP1 8389
TP2 9435
(these targets may take longer)
TP3 10260
TP4 11101
TP5 12296
TP6 13796
Stop Loss
SL1 6948
SL2 6735
Long entry and targets from a bulls perspective - xbtusd bitmexThese would be the last 2 retracements bulls would look for if we don't keep support on the .5 fib from a bulls perspective. You can see the bottom 2 boxes would be either short targets, or long entrys IF we went lower from here. The top 2 targets are the next stops I see for longs. Remember this is NOT finance advice, just chart art. Good luck have fun.
Possible short targets if we collapse. Bitcoin - BITMEX XBTUSDPossible short targets that we may meet. The red boxes at the top are possible long targets as well. I am currently short and will DCA into it if needed, but remember I don't give financial advice, this chart is just art. Good luck and have fun.
Short squeeze scenario - XBTUSD - BITMEXPossible short squeeze targets for XBTUSD. This is what I think targets would be IF we played the ping-pong game and went to the next target on the list in the 6700s it would fulfill the "short squeeze" This is just chart art, never take these as financial advice. Have fun, Good luck.
BTC/USD: Now where was I? Let's pick up where we left off..Weak volume and RSI still a bit too high. Notice green dots on chart. Almost there.
However, clear uptrend based on multi year line. Lower highs seem to be converging with higher lows overall on the macro level. Much more consolidation within an increasingly tighter range is likely (e.g. 6100-6400) for the next few months or so, until buy volume pushes us out of this micro down trend.
*Premise of this analysis: 5800 is well supported. If that is broken, this trading paradigm is invalidated.
1. 6500 was clearly rejected today with decent resistance. But yet still not safe enough to short, unless scalping or day trading vigilantly.
2. I'm not gonna fight for scraps at 5800, and would rather layer in some longs a little higher around 5880, with a SL at 5799. This way I can sleep at night!
3. Target 6800. Needs to break this key level with volume in order to push further to 7500, and beyond. Might consider closing long at 6800 or taking profit, whatever suits your strategy best. If 68 fails, might be a nice short, but too early to tell for a newb charter like me :-)
I learn something from everyone, so please share your take on this.
****Good luck...we're all counting on you!
It's been a long time. GBP/USD Has established a bit of upside momentum and we are now ready to put in some trades. We are going long and are ready to buy the pound inside 1.31700-1.31820 area. This trade has a good conviction rate and even better risk reward ratio, like we always try. Drumroll please.... 5:1 Ratio for the risk/reward. Unless we get some negative fundamental update from brexit, we should be hitting those targets before the end of this week. Happy trading, Go #WOLFPACK !!