AMD Is 11% Away From Joining the $1 Trillion Club. Could It Get There This Year?
After a monster first half, the chipmaker is closing in on a milestone only a handful of companies have reached.
Overview
AMD (NASDAQ: AMD) carries a market value of about $920 billion. To join the $1 trillion club -- the small group of companies worth 13 figures -- the stock needs to climb only about 11% from here. After the run it has been on, more than quadrupling off its 52-week low, that no longer sounds far-fetched.
So could AMD close the final stretch and cross $1 trillion before the year is out?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.