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Monthly Archives: August 2018

Risks Continue to Mount as Stocks Reach Highs

The S&P 500 hit record highs last week despite rising political and economic risks. With a price-to-earnings multiple of 24.9x, the benchmark index is trading at a significant premium to its historical average of 15.7x, according to Multpl.com. President Trump could face greater legal risk after his former campaign manager was found guilty on […]

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AMD Moves into Overbought Territory After Analyst Update

Advanced Micro Devices, Inc. (AMD) shares rose more than 5% in early trading on Thursday after Rosenblatt analysts raised their price target to an analyst-high $30 per share, which represents a 44% premium to Wednesday’s closing price. The analyst cited positive meetings with institutional investors and confidence in multi-year double-digital growth. […]

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