Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about while managing and building their personal portfolios.
This week, we asked the following question regarding semiconductor companies: Next year, which share will have the highest percentage gain?
- Advanced Micro Devices, Inc. (NASDAQ: AMD)
- NVIDIA Corporation (NASDAQ: NVDA)
- Intel Corporation (NASDAQ: INTC)
Research says
Among those interviewed in our study, 43% believe that AMD’s stock will grow further by the end of 2021. AMD designs and produces microprocessors for the computer and consumer electronics industries. The majority of the company’s sales are in CPUs and GPUs.
The semiconductor company said its fourth quarter revenue was $ 3.24 billion, exceeding the $ 3 billion mark for the first time. This represented an increase of 53% year on year and a sequential growth of 16%. AMD attributed the growth thanks to solid sales of Ryzen processors, game chips and EPYC server processors.
About 35% of traders and investors said Intel shares would see the biggest gains at the end of the year.
For the fourth quarter, Intel reported adjusted earnings of $ 1.52 per share, exceeding the Wall Street estimate of $ 1.10. Quarterly sales grew to $ 19.9 billion, exceeding the estimate of $ 17.5 billion.
See also: How to buy Intel shares
Concluding our study, 22% said that Nvidia will grow more next year.
On November 18, Nvidia reported a loss in third quarter earnings. The Santa Clara-based computer games company reported quarterly sales of $ 4.73 billion, which exceeded analysts’ consensus estimate of $ 4.41 billion by 7.26%. This represents a 56.93% increase over sales of $ 3.01 billion in the same period last year.
This survey was conducted by Benzinga in January 2021 and included responses from a diverse population of adults aged 18 and over.
Adherence to the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects the results of more than 500 adults.
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