Chipmaker Advanced Micro Devices (NASDAQ: AMD), which is better known simply as AMD, has dramatically underperformed the S&P 500 over the past year. However, the business has strong growth momentum, and the stock is reasonably valued, so where could AMD stock be in five years from now?
Before you buy stock in Advanced Micro Devices, consider this:
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Matt Frankel has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy.