• AMD is a better deal than Nvidia - and its stock could soar by 30%, RBC says

    28 days ago - By Business Insider

    AMD surged 3% Monday after RBC Capital Markets initiated coverage with a "buy" rating.
    The bank says AMD is a better buy than Nvidia , and placed a $40 price target on the stock.
    Watch AMD trade in real time here.
    RBC Capital Markets on Monday initiated coverage of Advanced Micro Devices , saying the stock is trading at a "notable discount" compared to its semiconductor competitor Nvidia.
    Analyst Mitch Steves based his $40 price target - which is tied for the highest on Wall Street and a more than 30% premium to Monday's price - on AMD's growing server market share, continued demand for...
    Read more ...

     

  • AMD is a better deal than Nvidia - and its stock could soar by 30%, RBC says

    AMD is a better deal than Nvidia - and its stock could soar by 30%, RBC says

    28 days ago - By Business Insider

    AMD surged 3% Monday after RBC Capital Markets initiated coverage with a "buy" rating.
    The bank says AMD is a better buy than Nvidia , and placed a $40 price target on the stock.
    Watch AMD trade in real time here.
    RBC Capital Markets on Monday initiated coverage of Advanced Micro Devices , saying the stock is trading at a "notable discount" compared to its semiconductor competitor Nvidia.
    Analyst Mitch Steves based his $40 price target - which is tied for the highest on Wall Street and a more than 30% premium to Monday's price - on AMD's growing server market share, continued demand for...
    Read more ...

     

  • BANK OF AMERICA: The most important segment of the housing market has peaked

    BANK OF AMERICA: The most important segment of the housing market has peaked

    28 days ago - By Chron

    Spencer Platt/Getty
    The top is in for existing-home sales, which make up 90% of transactions in the US, according to economists at Bank of America Merrill Lynch.
    They cite worsening affordability, higher mortgage rates, and price cuts as reasons why sales are unlikely to bounce back after peaking in November 2017.
    They no longer expect existing-home sales to contribute to the economy's growth.
    The largest segment of the housing market has peaked and will no longer contribute to the US economy's growth, according to US economists at Bank of America Merrill Lynch .
    "We are calling it," the...
    Read more ...

     

  • Bank of America says Nvidia is a 'top' pick due to the big upgrade opportunity for its gaming cards

    28 days ago - By CNBC

    Bank of America Merrill Lynch reiterates its buy rating for Nvidia shares, predicting strong demand for the company's previous generation Pascal graphics chips.
    Read more ...