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.
Advanced Micro Devices, Inc. (AMD)
Earnings Release Date: 1/31/18 (After Market Close)
Position Entry: (at or near EOD (end of day)
Advanced Micro Devices, Inc. (AMD) will be posting its FQ4 2017 quarterly earnings results. (AMD) is expected to post earnings of $.05 per share and revenue of 1403 million for the quarter. In the last quarter, the company reported $.10 cents earnings per share BEATING 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)
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.
TRADE PLAN: BUY
ANALYSIS: StockJumpers trajectory reveals a beat on the EPS and other metrics and the stop pops up. It may take some time for the full move to be realized but market sentiment to the release news looks favorable in the data. The Stock popped huge last quarter (20%) and this is a volatile trade – so we are exercising caution, but are optimistic they will show good numbers. We are LONG for the event.
(Note: This is an AFTER-MARKET release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 11%
CONFIDENCE RANKING: 8
OPTIONS CONTRACT: none