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​Cramer Gives AMD a Shout-out: Sell AMD
11 january

When Cramer gets bullish, that may signal a top. For Advanced Micro Devices, the stock’s range-bound pattern in the last several sessions is bearish. There are two problems in the short-term.

First, AMD showed off RyZen but did not give any numbers such as, power usage (Watts), FPS numbers on many game titles (focus was on Doom), or pricing.

Details of Vega is similarly limited.

Traders will forget AMD will not report a good quarter because all revenue is upcoming. All major orders are pending until manufacturers ‘okay’ RyZen and Vega before production.

Look for AMD falling, creating a better buying price.

Related: Nvidia (NVDA) peaked at $110. Volume is drying up on the rallies. The company will drift lower ahead of the next earnings report. Plus, the 1080 Ti was a no-show.

Agree or disagree? You must be logged in to vote. Here are two key trading tips .

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​Cramer Gives AMD a Shout-out: Sell AMD

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  • 152 152 correctly predicted forecasts
    Max Grigoryev
    The biggest issue here is that people are going to follow Cramer rather than logic
    Reply
    1
  • Anonymous
    Cramer is kiss of death for any increasing stock price
    Reply
    1
  • 152 152 correctly predicted forecasts
    Max Grigoryev
    haha looks like people do not agree with Cramer
    Reply
    1
  • 114 114 correctly predicted forecasts
    Chris Lau
    Max, negative of a negative. By disagreeing, the readers here do think AMD will go up (but Cramer bullish on AMD stock is a sell signal IMO).
    Reply
    1
  • Mister Profit
    If you're looking for small change-- yes the stock is "falling". From 11.50 to 11.30. But long term we know where it's headed!
    Reply
    2
  • 152 152 correctly predicted forecasts
    Max Grigoryev
    Mister, I like your nick name :)
    Reply
    1
  • 114 114 correctly predicted forecasts
    Chris Lau
    Mister, Yes, that's a good profile name.
    AMD's at $10.50 and falling. Sub $10 is very bearish.

    Long-term, AMD's direction is up, so I am not changing my bullish thesis on this company.
    Reply
    0
  • Kinney Tran
    AMD will drift down after ER ( my guest is between 10.96 to 10.50). Ryzen and new GPU wont be ready to hit the market later this month at the earliest.
    Reply
    2
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