Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
This week we posed the following question related to semiconductor companies: Over the next year, which stock will have the largest percentage gain?
- Advanced Micro Devices, Inc. AMD
- NVIDIA Corporation NVDA
- Intel Corporation INTC
Survey Says
Among respondents to our study, 43% believe shares of AMD will grow the most by the end of 2021. AMD designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in CPUs and GPUs.
The semiconductor company said its fourth-quarter revenues came in at $3.24 billion, topping the $3 billion mark for the first time ever. This represented a 53% year-over-year increase and 16% sequential growth. AMD attributed growth thanks to solid sales of Ryzen processors, gaming chips and EPYC server processors.
About 35% of traders and investors said Intel’s stock would see the largest gains come the end of the year.
For the fourth quarter, Intel reported adjusted earnings of $1.52 per share, beating the Wall Street estimate of $1.10. Quarterly sales grew to $19.9 billion, beating the estimate of $17.5 billion.
See Also: How To Buy Intel Stock
Concluding our study, 22% said Nvidia will grow the most over the next year.
On Nov. 18, Nvidia reported a third-quarter earnings beat. The Santa Clara-based computer game company reported quarterly sales of $4.73 billion, which beat the analyst 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 the responses of a diverse population of adults 18 or older.
Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 500 adults.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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