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 research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Advanced Micro Devices, Inc. (AMD)
Earnings Release Date: 4/25/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Advanced Micro Devices Inc. (AMD) will be posting its FQ1-18 quarterly earnings results today at close. [AMD] is expected to post earnings of $.09 per share on revenue of 1.48 Billion. In the last quarter, the company reported $.08 earnings per share BEATING the analysts’ consensus estimate of $.05
Last 3 Quarters: “Jump Zone” Move: 7.61%, -13.75%, 10.91%
Consensus Estimates: ($.11 whisper) ($.10 estimize) ($.09 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a a positive market reaction to the news based on forward guidance and meeting or beating on the main metrics. Future growth is the big concern and how well their new chip is forecast in their release news. We think revenue will be the more important metric and how they deal with their competition.
We are overall LONG for the event.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8-12%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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