The market is throwing a sale on AMD today, currently down .56 to $21.40. Some of this could be profit taking but so what? The underlying stock is good. At 13% growth and trading at only 20 times earnings there is still an upside here of about $6. That’s good for a trade. Should this quarter turn out better than expected, then I think you have a $30 stock on your hands.
Bottom line, back up the truck.
