Chris Lau
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Chris Lau in Value Stocks,

AMD Lacks a Catalyst

The Polaris refresh from AMD gave the stock a huge boost on the markets. Sales will definitely improve on the GPU segment. The issue now is the stock fully reflects the RX480's sales.

What about RX490, a VR, premium card, or RX470?

It turns out RX460 has more consumer interest. Per TickerTags, RX460 searches surged:

Source: https://www.tickertags.com/

Unfortunately, AMD's stock did not respond. While I have a PT of $7 on the stock, expect the profit-taking to hold back limit gains for now.