Here's How AMD Joined the Rule Breakers $1 Trillion Club
Of the 14 U.S.-listed companies now worth $1 trillion or more, 11 have been recommended by Team Rule Breakers or David Gardner.
Overview
In January 2024, Team Rule Breakers recommended Advanced Micro Devices (NASDAQ:AMD), a stock that had already climbed hard the year before, in Stock Advisor at $162.67 a share. That's Habit #1 of David Gardner's Rule Breaker framework: Let your winners run. Or as he puts it more bluntly in Rule Breaker Investing: "What do winners do? They win!"
Most investors do the opposite. They comb 52-week lows for bargains and treat a stock that's already run high as a stock that's already missed its chance to explode. Our AMD pick is up 244% since we made the recommendation, beating the S&P 500 by 179%.
Details
On Monday, AMD closed worth more than $1 trillion for the first time, joining a club that, as of this morning, counts 16 members worldwide.
Source
Originally published at www.fool.com.