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AMD

AMD

$12.28

-0.62 (-4.81%)

12:30
06/12/17
06/12
12:30
06/12/17
12:30

Heavy trading in AMD calls continues

Heavy trading in AMD calls continues. The stock down 26c to $12.02 after a 19% rally last week. 18.3K Sep 15 calls trade through midday Monday. Buyers also active in Jun 12, Sep 14, and Jun 13 calls. Total volume lopsided more than 2:1 at 130K calls and 49K puts. Relative strength and bullish option flow has been a theme in AMD recently after CNBC reported that the company's graphic card revenues stand to benefit from a resurgence in Bitcoin and other cryptocurrencies.

AMD AMD
$12.28

-0.62 (-4.81%)

05/17/17
05/17/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Disney (DIS) downgraded to Neutral from Outperform at Macquarie with analyst Tim Nollen saying the company's exposure to cable and "outsized" subscriber declines at ESPN "have again become a focal point in investors' minds." 2. Pandora (P) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Heath Terry saying he was wrong in thinking the market would focus on new subscription products and a return to profitability by the fourth quarter. 3. Square (SQ) downgraded to Neutral from Buy at BTIG with analyst Mark Palmer citing valuation following the strong rally and removed his $20 price target. 4. AMD (AMD) downgraded to Hold from Buy at Loop Capital with analyst Betsy Van Hees saying she believes the stock is fairly valued and is already pricing in "a lot," including the launches of RYZEN CPUs, Vega GPUs and the new EPYC server chip. 5. Etsy (ETSY) downgraded to Hold from Buy at Loop Capital with analyst Blake Harper saying with Etsy's new management team undertaking an internal strategic and operational review, an imminent sale of the company is unlikely. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/22/17
SBSH
05/22/17
NO CHANGE
Target $4
SBSH
Sell
AMD licensing deal with Intel is unlikely, says Citi
Citi analyst Christopher Danely points out that Fudzilla last week published an article claiming that Intel (INTC) had signed a licensing agreement with AMD (AMD) for use of AMD's GPU intellectual property. AMD made no mention of such an agreement at its analyst day and Intel subsequently denied the story, Danely tells investors in a research note. He believes such a deal is unlikely and reiterates a Sell rating on AMD with a $4 price target.
06/09/17
RBCM
06/09/17
NO CHANGE
Target $175
RBCM
Outperform
RBC ups Nvidia target to $175 on data center confidence
To reflect confidence in the company's Data Center opportunity and the potential for upside revisions to consensus earnings estimates, RBC Capital analyst Mitch Steves raised his price target for Nvidia (NVDA) shares to $175 from $150. The chipmaker in afternoon trading is down 6%, or $10.13, to $149.81. With 192% year-over-year growth, the Data Center segment, along with virtual reality, offers the "potential for robust growth," Steves tells investors in a research note. The analyst also provided an overview of the cryptocurrency mining market. As of today, mining is profitable for cryptocurrency Ethereum, making demand outstrip supply, the analyst writes. He points out that AMD (AMD) GPUs are currently selling at a premium, suggesting that more GPUs sold by AMD were used for mining relative to Nvidia. The analyst cautions, however, that the total addressable market for GPU cryptocurrency "could go to zero overnight" if the prices of the cryptocurrencies fall. Steves has an Outperform rating on Nvidia with an upside scenario case of $250 per share and downside scenario case of $80.
06/12/17
GSCO
06/12/17
NO CHANGE
Target $10.6
GSCO
Sell
AMD GPU demand from cryptocurrency mining unsustainable, says Goldman Sachs
Goldman Sachs analyst Toshiya Hari said AMD share strength last week related to reports of GPU demand from cryptocurrency miners may provide near-term upside to fundamentals, but is not a sustainable driver. Hari said rising cryptocurrency prices does not equate to sustainable GPU growth, ASP expansion, or sustainable share gains. The analyst believes sharse are already pricing in significance market share improvement and bottom-line profitability and would Sell the shares given 14% potential downside to his price target of $10.60.

TODAY'S FREE FLY STORIES

$NYE

NYSE Market Internals

12:16
08/18/17
08/18
12:16
08/18/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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XLE

Energy Select Sector SPDR

$62.36

0.35 (0.56%)

, XLU

Utilities SPDR

$54.48

0.3 (0.55%)

12:06
08/18/17
08/18
12:06
08/18/17
12:06
Technical Analysis
Technical View: S&P 500 edges above flatline, mid-session update »

The S&P 500 (SPX) was…

XLE

Energy Select Sector SPDR

$62.36

0.35 (0.56%)

XLU

Utilities SPDR

$54.48

0.3 (0.55%)

XLF

Financial Select Sector

$24.72

0.105 (0.43%)

XLK

Technology Select Sector SPDR

$57.33

0.2 (0.35%)

IYR

DJ US Real Estate Index Fund

$79.07

-0.7 (-0.88%)

XLP

Consumer Staples Sector SPDR

$55.25

-0.105 (-0.19%)

XLY

Consumer Discretionary Sector SPDR

$88.62

-0.07 (-0.08%)

SPY

SPDR S&P 500 ETF Trust

$243.52

0.43 (0.18%)

SPX

S&P 500

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GOOG

Alphabet

$910.98

-15.98 (-1.72%)

, GOOGL

Alphabet Class A

$927.66

-16.61 (-1.76%)

12:04
08/18/17
08/18
12:04
08/18/17
12:04
Hot Stocks
Google launches new machine learning tool to track hate news »

In a blog post…

GOOG

Alphabet

$910.98

-15.98 (-1.72%)

GOOGL

Alphabet Class A

$927.66

-16.61 (-1.76%)

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  • 18

    Aug

  • 24

    Aug

FMAO

Farmers & Merchants

$55.58

-0.17 (-0.30%)

12:00
08/18/17
08/18
12:00
08/18/17
12:00
Hot Stocks
Farmers & Merchants board declares two-for-one stock split »

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DE

Deere

$117.19

-6.7905 (-5.48%)

, CPN

Calpine

$14.83

1.33 (9.85%)

12:00
08/18/17
08/18
12:00
08/18/17
12:00
General news
On The Fly: Top stock stories at midday »

Stocks opened in negative…

DE

Deere

$117.19

-6.7905 (-5.48%)

CPN

Calpine

$14.83

1.33 (9.85%)

GPS

Gap

$22.43

-0.255 (-1.12%)

ROST

Ross Stores

$53.33

-1.04 (-1.91%)

AMAT

Applied Materials

$43.12

-1.34 (-3.01%)

THC

Tenet

$14.04

1.385 (10.95%)

INFY

Infosys

$14.71

-1.22 (-7.66%)

FL

Foot Locker

$34.97

-12.73 (-26.69%)

FINL

Finish Line

$11.99

-0.17 (-1.40%)

03/08/13
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  • 18

    Aug

  • 18

    Aug

  • 23

    Aug

  • 06

    Sep

  • 06

    Sep

  • 22

    Nov

BC

Brunswick

$50.33

-0.995 (-1.94%)

12:00
08/18/17
08/18
12:00
08/18/17
12:00
Options
Call buyers in Brunswick as shares fall »

Call buyers in Brunswick…

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  • 28

    Sep

FL

Foot Locker

$34.98

-12.7201 (-26.67%)

11:59
08/18/17
08/18
11:59
08/18/17
11:59
Downgrade
Foot Locker rating change  »

Foot Locker downgraded to…

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  • 18

    Aug

RDUS

Radius Health

$35.42

-1.01 (-2.77%)

11:58
08/18/17
08/18
11:58
08/18/17
11:58
Hot Stocks
Biotech Growth acquires 60,000 more shares of Radius Health »

Biotech Growth NV…

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  • 11

    Sep

CVNA

Carvana

$15.12

-0.06 (-0.40%)

11:54
08/18/17
08/18
11:54
08/18/17
11:54
Hot Stocks
Breaking Hot Stocks news story on Carvana »

Carvana drops 3% to…

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  • 06

    Sep

  • 06

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  • 12

    Sep

CVNA

Carvana

$15.12

-0.06 (-0.40%)

11:53
08/18/17
08/18
11:53
08/18/17
11:53
Periodicals
Carvana mentioned cautiously by Copperfield Research »

Copperfield Research, in…

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  • 06

    Sep

  • 06

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  • 12

    Sep

AMAT

Applied Materials

$43.12

-1.34 (-3.01%)

11:51
08/18/17
08/18
11:51
08/18/17
11:51
Hot Stocks
Applied Materials CEO says technological shifts in industries to drive growth »

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FL

Foot Locker

$34.76

-12.94 (-27.13%)

11:50
08/18/17
08/18
11:50
08/18/17
11:50
Recommendations
Foot Locker analyst commentary  »

Foot Locker comp outlook…

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  • 18

    Aug

11:50
08/18/17
08/18
11:50
08/18/17
11:50
General news
Fed's Kaplan sees GDP growth a little above 2% for 2017 »

Fed's Kaplan sees…

AMZN

Amazon.com

$960.57

-17.61 (-1.80%)

, ATVI

Activision Blizzard

$61.37

-1.52 (-2.42%)

11:49
08/18/17
08/18
11:49
08/18/17
11:49
Periodicals
Twitch acquires video indexing platform Clipmine, TechCrunch reports »

Twitch has acquired video…

AMZN

Amazon.com

$960.57

-17.61 (-1.80%)

ATVI

Activision Blizzard

$61.37

-1.52 (-2.42%)

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  • 18

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  • 05

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    Sep

FL

Foot Locker

$34.82

-12.88 (-27.00%)

11:45
08/18/17
08/18
11:45
08/18/17
11:45
Downgrade
Foot Locker rating change  »

Wells doubts investors…

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  • 18

    Aug

AMAT

Applied Materials

$43.12

-1.34 (-3.01%)

11:42
08/18/17
08/18
11:42
08/18/17
11:42
Hot Stocks
Applied Materials CEO says much less volatility in chip sector »

The Applied Materials CEO…

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FL

Foot Locker

$34.94

-12.76 (-26.75%)

, NKE

Nike

$55.19

-2.27 (-3.95%)

11:41
08/18/17
08/18
11:41
08/18/17
11:41
Recommendations
Foot Locker, Nike, adidas analyst commentary  »

Foot Locker price target…

FL

Foot Locker

$34.94

-12.76 (-26.75%)

NKE

Nike

$55.19

-2.27 (-3.95%)

ADDYY

adidas

$111.98

-1.52 (-1.34%)

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  • 18

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  • 03

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  • 04

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NBL

Noble Energy

$23.44

0.415 (1.80%)

11:40
08/18/17
08/18
11:40
08/18/17
11:40
Options
Notable put spread in Noble Energy »

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  • 29

    Aug

ABCO

The Advisory Board

$51.05

-0.8 (-1.54%)

11:35
08/18/17
08/18
11:35
08/18/17
11:35
Options
Advisory Board put volume heavy and directionally bearish »

Bearish flow noted in…

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RTNB

root9B Technologies

$0.60

-0.1665 (-21.72%)

11:30
08/18/17
08/18
11:30
08/18/17
11:30
Hot Stocks
Breaking Hot Stocks news story on root9B Technologies »

root9B Technologies…

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MNGA

Magnegas

$0.49

0.013139 (2.76%)

11:25
08/18/17
08/18
11:25
08/18/17
11:25
Conference/Events
Magnegas to host business news update conference call »

Management provides a…

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  • 31

    Aug

URBN

Urban Outfitters

$18.94

-0.82 (-4.15%)

11:20
08/18/17
08/18
11:20
08/18/17
11:20
Options
Urban Outfitters Sep 15 puts trade more than 90K »

Urban Outfitters Sep 15…

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11:20
08/18/17
08/18
11:20
08/18/17
11:20
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

11:19
08/18/17
08/18
11:19
08/18/17
11:19
Periodicals
White House officials expect Steve Bannon to be fired, Axios reports »

White House chief of…

$NSD

NASDAQ Market Internals

11:17
08/18/17
08/18
11:17
08/18/17
11:17
Technical Analysis
NASDAQ market internals summary »

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