Monday, June 4, 2018

AMD Up On Big Investment From Hedge Fund

Isreal Englander has upped his stake in AMD 1,312% and he sold off all the funds holdings of MU.

Looking at the companies fundamentals it is interesting to me. Not the best company in the universe, fundamentally speaking but does this hedge fund manager see something we don't?

I see a gross margin lower than 40%, can't say there has been a consistent track record to follow, and the revenue has been flat for about 10 years. Seems to me this is a large speculation.



Submitted June 04, 2018 at 09:48AM by sisumoney https://ift.tt/2JehfsG

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