Purchase Details

Company: Advanced Micro Devices
Yahoo Beta:2.01

Company Description:  Advanced Micro Devices, Inc. designs, manufactures, and sells microprocessors.

Purchase Date:11 Apr 2017
Purchase Price:$13.03
  --Split Adjusted:$13.03
Shares Purchased:400
  --Split Adjusted:400
Transaction Fee:$6.95
Price Range (6 Months Prior):    
Date27 Feb 2017
Date13 Sep 2016
S&P (Purchase Date):$2,353.78

Timing:  We bought near the six month high after a 7% correction.
Reason:  we believe that major changes to the management team have led to a well-defined corporate turnaround strategy. A narrowed product focus allows AMD to redirect resources to high growth opportunities. AMD is well positioned from new product releases to capitalize on the high processing needs of emerging sectors, including VR, AR, AI, IoT. The high performing Naples release will allow the company to gain market share in the $18B server processor segment. In addition, AMD has established strategic partnerships with innovative firms, such as Google, Microsoft, Sony and Alibaba.

Total Spent:   $5,218.95