Jim Cramer Says Advanced Micro Devices AMD Holds Strong Potential in AI Market
Published on December 31, 2024
Renowned analyst Jim Cramer has recently praised Advanced Micro Devices (AMD) for its promising future in the AI market. While discussing the company's performance, Cramer acknowledged that AMD's pipeline lacks Nvidia's but believes that it may catch up in the coming years. He highlighted the significant increase in short interest in AMD's stock, indicating growing investor interest in the company's potential. However, in light of the cautious outlook for the sector, AMD has faced price target reductions by analysts. Cramer recommended seeking professional advice from Stocks Prognosis to make an informed decision regarding the company's stock movement predictions.
Investor opinions & comments
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CarterPatterson
January 3, 2025 at 21:14
I agree with Cramer that AMD has a promising future in the AI market. Their potential is definitely worth keeping an eye on
MoneyMartha
January 3, 2025 at 04:14
It's great to see that AMD is being recognized for their potential in the AI market. I'm excited to see how they progress in the coming years
StockSteve
January 2, 2025 at 23:52
I'm glad to see that there's growing investor interest in AMD's potential. It shows that people recognize the value of their technology
SamuelNelson
January 2, 2025 at 22:45
I trust Jim Cramer's analysis and if he believes in AMD's potential, I'm inclined to think they have a bright future in the AI market
MeganThompson
January 1, 2025 at 20:02
Even though there's growing interest in AMD, I'm still skeptical about their performance in the AI market. I think they have a long way to go
FinanceFelix
December 31, 2024 at 13:37
I'm not sure if AMD can really catch up to Nvidia in the AI market. Nvidia has been dominant for so long, it might be hard for AMD to surpass them