AMD stock rose from $2 in January 2016 to an incredible high of $14 in February 2017.

There’s always been a lot of love for AMD, but it’s been awhile since they’ve been competitive with Intel’s top CPUs and nVidia’s top GPUs. That’s all set to change with Ryzen; preliminary leaked benchmarks are showing Ryzen performs at a higher level than Intel’s latest, and more efficiently to boot.

AMD financials

Nearly bankrupt a bit over a year back, AMD has made huge strides in reducing their debt. Q2 2016 ER saw AMD’s cash reserves at 1.3B, with a debt of 1.6B. This was a big step over Q1 2016 ER, which saw AMD with $957M in cash reserves and $2B in debt. In spite of this balance sheet’s improvement, AMD still treading water as cash flow was going towards paying off interest on their long term debt.

Stepping up the pace for 2nd half of 2016, AMD reduced their interest burden by paying off debt and restructuring some of their long term debt obligations; in Q3 2016 they raised $1.4B by issuing $700M in 2.1% convertible notes, and $600M in stocks, and then used most of this capital for debt repayment, with the remaining $162M put to use towards capital expenditure and working capital. In Q4 2016, AMD issued another $105M in convertible notes.

Current AMD stock prices

Currently AMD is up more than 500% in comparison to their last January lows. If considering investing AMD, this bullish run would give any investor pause, yet there seems to be no bounds to the AMD bull frenzy, going up from $10 to the current $14.00 in the last 40 days alone.

Despite the consistent gains, timing an entry can prove to be a frustrating endeavor, as there can be considerable dips and rises. Last Friday AMD was at a low of $12.6, but rallied to finish at $13.13. The following Tuesday saw huge gains running up to a $14.00 close.

Financial magazine Barron’s published a very popular article which predicted AMD stock would double by year’s end.

NOTE: GizBeat is bullish on AMD, and are invested long term. We are not financial advisers, nor giving anyone financial advice. We are a tech blog, interested in AMD’s new offerings and business partnerships. If you’re interested in investing, speak to a properly registered financial adviser.

AMD stock rises to incredible new heightshttp://www.gizbeat.com/wp-content/uploads/amd-ryzen-450x344.jpghttp://www.gizbeat.com/wp-content/uploads/amd-ryzen-150x150.jpg Damian Parsons AMDTech
AMD stock rose from $2 in January 2016 to an incredible high of $14 in February 2017. There's always been a lot of love for AMD, but it's been awhile since they've been competitive with Intel's top CPUs and nVidia's top GPUs. That's all set to change with Ryzen; preliminary...
<p style="text-align: left;">AMD stock rose from $2 in January 2016 to an incredible high of $14 in February 2017.<span id="more-11530"></span></p> There's always been a lot of love for AMD, but it's been awhile since they've been competitive with Intel's top CPUs and nVidia's top GPUs. That's all set to change with Ryzen; preliminary leaked benchmarks are showing Ryzen performs at a higher level than Intel's latest, and more efficiently to boot. <h3>AMD financials</h3> Nearly bankrupt a bit over a year back, AMD has made huge strides in reducing their debt. Q2 2016 ER saw AMD's cash reserves at 1.3B, with a debt of 1.6B. This was a big step over Q1 2016 ER, which saw AMD with $957M in cash reserves and $2B in debt. In spite of this balance sheet's improvement, AMD still treading water as cash flow was going towards paying off interest on their long term debt. Stepping up the pace for 2nd half of 2016, AMD reduced their interest burden by paying off debt and restructuring some of their long term debt obligations; in Q3 2016 they raised $1.4B by issuing $700M in 2.1% convertible notes, and $600M in stocks, and then used most of this capital for debt repayment, with the remaining $162M put to use towards capital expenditure and working capital. In Q4 2016, AMD issued another $105M in convertible notes. <h3>Current AMD stock prices</h3> Currently AMD is up more than 500% in comparison to their last January lows. If considering investing AMD, this bullish run would give any investor pause, yet there seems to be no bounds to the AMD bull frenzy, going up from $10 to the current $14.00 in the last 40 days alone. Despite the consistent gains, timing an entry can prove to be a frustrating endeavor, as there can be considerable dips and rises. Last Friday AMD was at a low of $12.6, but rallied to finish at $13.13. The following Tuesday saw huge gains running up to a $14.00 close. Financial magazine Barron's published a very popular article which predicted AMD stock would double by year's end. NOTE: GizBeat is bullish on AMD, and are invested long term. We are not financial advisers, nor giving anyone financial advice. We are a tech blog, interested in AMD's new offerings and business partnerships. If you're interested in investing, speak to a properly registered financial adviser.