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Wendy Boyd

AMD Becomes 'Top Medium-Term Idea' At Baird

In the technology and semiconductor space, Baird Equity Research issued a few notable updates Monday. It raised its estimates, ratings and price targets for Diodes Incorporated DIOD and ON Semiconductor Corp ON. The firm called Advanced Micro Devices, Inc. AMD its top medium-term idea. Additionally, the analysts continue to like Intel Corporation INTC and Micron Technology, Inc. MU.

Analysts Tristan Gerra and Maggie McNally believe Advanced Micro Devices, Inc.'s graphics processing units growth trends for second-half 2017 remain healthy. They moved most of the sales for EPYC to 2018 from 2H 2017. Read more

DIOD: Stochastics are overbought, the upside potential is over. The price will go down to the lower edge of the rising channel and will try to break it out. 


ON: The same situation as for DIOD.