This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole. For details on how we trade these events and to get trained as a StockJumpers pro trader – watch the video below.
TARGET: Advanced Micro Devices, Inc. (AMD)
Earnings Release Date: 1/30/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Advanced Micro Devices, Inc. (AMD) will be posting its FQ4-17 quarterly earnings results today at close. [AMD] is expected to post earnings of $.05 according to some Wall Street analysts (though most are not offering estimates). Estimize has it at $.02 per share and revenue of $1403 million for the quarter. In the last quarter, the company reported $.10 earnings per share BELOW the analysts’ consensus estimate of $.08
Last 3 Quarters – “Jump Zone” Move: -13.75%, 10.91%, -24.37%
Consensus Estimates: ($.06 whisper) ($.02 estimize) ($ ($.05 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
OUR TRADE PLAN: BUY
ANALYSIS: StockJumpers trajectory analysis reveals a positive market reaction to today’s release. We see not only a beat but a great market response like the Intel news was received last week.
We are LONG for today’s event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 11%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE