Some securities on stock exchanges are currently receiving more demand than others.. This is connected with the construction of a “new economy”, in which there will be a redistribution of the importance of resources and raw materials. One of the papers, which brokers and traders are now increasingly interested in, is an AMD share. Today we will tell, Why is this asset attractive?, what growth potential does it have?, and is it worth it buy AMD shares at 2021 year.
General information about the AMD company
AMD is an American company, working in the chip manufacturing industry, electronics, processors and video cards under the Radeon brand. The company was founded over 50 years ago, at 1969 year, in California USA, Walter Jeremy Sanders and Jack Gifford. WITH 2014 years to this day, The CEO of the company is Lisa Su. From the list of subsidiaries, we can highlight such a giant as SeaMicro. The company's main competitors are Nvidia, Intel, Asus.
AMD share price dynamics
Over the past ten years, two periods can be distinguished on the AMD stock chart: stagnation and powerful growth. WITH 2011 of the year, by 2016 year, investors were not particularly interested in the company's securities, the company's performance was falling, capitalization decreased, and competitors covered an increasing part of the market. but, at 2016 year, Cryptocurrency has spoken, for mining which, as you know, video cards and processors are required. Demand for the company's products has increased significantly, and therefore, and the company’s assets have become more in demand among investors. In just a year, share price increased by 4 fold, with 3 to 12 dollars, and over the next 4 years old, reached the goal in 90 apiece. Now, the paper graph has a slight decline, and the cost of one share is 76 dollars. A more detailed analysis of the chart, can be viewed on the portal TraderNEW.
Is it worth buying AMD shares now?
Despite, that AMD shares are now experiencing a slight decline in price, professional traders predict a new wave of asset growth, because apparently, cryptocurrency will soon become an increasingly significant part of the economy, and the demand for the purchase of video cards will not go away. but, tenfold, and even paper won’t become fivefold, and its purchase is beneficial only for investors, planning to earn from 10 to 15% in year. Bottom line - AMD shares are profitable to purchase for the long term, but cannot be used as a short-term tool for making money.