The Closing Print live trading and financial blog during market hours.

#Ibdpartner   

A review Advanced Micro Devices (AMD) confirmed a few criteria after seeing tons of volume in Septemeber dated options, EPS growth, and institutional interest is increasing. The latter keeps adding shares to their portfolios. Earnings growth, the lifeblood of any company is 159%. That’s incredible.

Marketsmith AMD Weekly Chart Data

We were impressed with EPS growth, so we dug a little deeper. With a composite rating of 99, AMD handily beats all of its competition. Sales, Margins and Return of Equity SMR is an “A.” SMR is a Proprietary rating system based upon recent earnings changes and price-performance indicating possible or potential relative price performance over the next 12 months. Over those 12 months (4 quarters) AMD beat analyst estimates.

Click to enlarge

Fund ownership in AMD is steadily increasing since Septemeber quarter of 2018. IBD shows 8 quarters. Right side panel.

Options flow has been noteworthy as well, with approximately a million dollars worth of contracts trading on Tuesday. We saw several sweepers and a few blocks in the September 90 monthlies. Make a note of it.

Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we talk more about AMD and navigate the current environment. Watch, listen, and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading, 

Vinny

Want to become a member? Check details here:

Disclosure: As an #ibdpartner, that means my use of investors business daily suite of services is complimentary. I also receive compensation from the company for my technical analysis services.

Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advice” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine-tune entry and exit points to average seasonal trends. 

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.