|Bid||259.60 x 900|
|Ask||259.60 x 1200|
|Day's range||254.61 - 259.74|
|52-week range||241.51 - 349.67|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||27.10|
|Earnings date||25 Jul 2022 - 29 Jul 2022|
|Forward dividend & yield||2.48 (0.96%)|
|Ex-dividend date||17 Aug 2022|
|1y target est||357.75|
There's no sugarcoating it: Times are tough in the stock market. The Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 are down 15%, 30%, and 21%, respectively, at he halfway point of the year. All of this can seem frightening, but bear markets are as natural as the seasons.
When it comes to making powerful computer chips, Advanced Micro Devices (NASDAQ: AMD) is best-in-class. Chips, which are commercially known as semiconductors, have become one of the most important manufacturing components as consumer devices and commercial infrastructure demand an increasing amount of computing power. AMD is responsible for powering consumer product royalty.
The S&P 500 index has been pushed into bear-market territory and now trades down roughly 21% year to date. U.S. gross domestic product (GDP) unexpectedly fell 1.6% in this year's first quarter, and recently released data modeling from the Atlanta Federal Reserve estimates that the country's GDP contracted 1% in the recently completed second quarter. If so, that means the economy will have notched two consecutive quarters in decline and likely have entered a recession.