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Barchart
Barchart
Patrick Sanders

Is AMD Stock a Buy at New Record Highs?

Advanced Micro Devices (AMD) just keeps rolling. The stock hit all-time highs last week and then did it again today. Now AMD stock appears poised to make even more new highs in advance of its third-quarter earnings report on Nov. 4.

AMD is one of the best-performing stocks on Wall Street in recent weeks, rising 64% in just a month. That means soaring returns—if you had invested $10,000 into AMD stock just a month ago, you’d be sitting on a profit of over $6,000.

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