Sterne Agee Reiterates Buy Rating, $15 PT on Advanced Micro Devices - Advanced Micro Devices (NASDAQ:AMD)

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.

Sterne Agee is reiterating its Buy rating and $15 PT on shares of Advanced Micro Devices, Inc. (NYSE: AMD).“We had a meeting with AMD management yesterday,” Sterne Agee writes. “Overall AMD is seeing good traction with Llano, with strong Notebook design win activity into both larger screen an Corporate NB markets with Llano.“We believe Llano is seeing a strong traction with almost 135 new design wins, which is tracking ahead of AMD's expectations.”Advanced Micro Devices closed Monday at $8.67.

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!