Feb 29, 10:57 PM

AMD Breakout Continues, Hits $300B Market Cap, Enters Top 30 Stocks, Reaches 52-Week High Alongside Facebook, Amazon, Netflix

AMD's breakout continues as its market cap surpasses $300 billion for the first time, making it one of the top 30 largest stocks globally. The stock hit a new 52-week high along with other major companies like Facebook, Amazon, and Netflix. Analysts predict AMD may reach $205-207, with expectations of surpassing $200 and possibly touching $200 in the near future. AMD shares rose 3.8% to a fresh record high, trading at a higher multiple than NVIDIA. Despite concerns about its high valuation, the stock's run is expected to persist. The stock's sentiment is at its peak for the year, indicating strong investor interest and frothy market conditions.

#AMD #Facebook #Amazon #Netflix #NVIDIA

Written with ChatGPT (GPT-3).

Sources

Markets & Mayhem 🤖@Mayhem4Markets
2 years ago
It's really a mystery why $AMD is running so hard lately https://t.co/SG71EVnIjL
Evan@StockMKTNewz
2 years ago
All these stocks hit new 52 WEEK HIGHS at some point today Facebook $META Amazon $AMZN $AMD Netflix $NFLX Taiwan Semiconductor $TSM Airbnb $ABNB Broadcom $AVGO American Express $AXP Palantir $PLTR Salesforce $CRM Caterpillar $CAT Micron $MU General Electric $GE Wells Fargo $WFC…
Evan@StockMKTNewz
2 years ago
$AMD has now broken into the top 30 largest stocks in the world 🌎 - CompaniesMarketCap https://t.co/CrRopaqhHK

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