We recently published a list of Billionaire Ken Fisher’s 10 Favorite AI Stocks for the Rest of 2024. Since Advanced Micro Devices, Inc (NASDAQ:AMD) ranks 7th on the list, it deserves a deeper look. Billionaire Ken Fisher regularly shares his investing wisdom on his YouTube channel,

Advanced Micro Devices AMD has outperformed the market over the past 20 years by 4.85% on an annualized basis producing an average annual return of 13.29%. Currently, Advanced Micro Devices has a market capitalization of $268.38 billion.

Advanced Micro Devices is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $232.43, which is above what the market is valuing the company at the moment.

Advanced Micro Devices announced its $4.9B acquisition of ZT Systems as a strategic move in the AI market. Find out why AMD stock is a Sell.

According to Benzinga Pro, Advanced Micro Devices's peer group average for short interest as a percentage of float is 4.48%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it.

We recently compiled a list of the Jim Cramer’s 10 Stock Picks That Could Change Your Investment Game. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks that could change your investment game according to Jim Cramer.