Invest Diva's Kiana Danial Likes Advanced Micro, Sees ~$9/Share On Lucrative VR Market Potential - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)

Kiana Danial is the CEO of

and was a guest on Thursday's daily edition of

Danial discussed why Advanced Micro Devices, Inc. AMD remains one of her top picks, despite a more than 80 percent surge in the stock since she last recommended the stock.

Danial noted that Advanced Micro's top competitor, NVIDIA Corporation NVDA, is set to introduce its next-generation GTX 1080 and 1070 graphic card this quarter. She added that the introduction of a new competing product to Advanced Micro could result in a "turn-around" in the stock, but this might create an attractive buying point.

Danial continued that Advanced Micro's new graphic cards will be introduced to the market in the third quarter of this year. Accordingly, the stock could break above the $4 per share mark at that time and advance toward the $9 per share level.

Danial cited the large and lucrative virtual reality market, in which Advanced Micro is hoping to gain a commanding market share.

Advanced Micro was trading lower by 2.87 percent at $3.73 in Thursday's afternoon session, but shares have gained around 30 percent since the start of 2016 and 65 percent over the past year.

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