Regenxbio Inc. remains undervalued despite its cutting-edge AAV gene therapy technology and promising assets like RGX-314 for wet AMD and RGX-121 for MPS II. RGX-314, partnered with AbbVie, targets wet AMD with global regulatory submissions expected in H1 2026; RGX-121 has a rolling BLA submission expected to complete in Q1 2025. Financially, RGNX has a market cap of $344mn and a cash balance of $279mn, bolstered by a recent $110mn upfront fee from Nippon Shinyaku.
In today's video, I discuss Nvidia (NVDA -1.10%) and other semiconductor companies. To learn more, check out the short video, consider subscribing, and click the spe cial offer link below.
Shares of chipmaker Advanced Micro Devices Inc. AMD are most likely poised for a reversal as its candlesticks show a rare pattern despite a double downgrade from HSBC on Jan. 8.
KB Home (KBH) got a much needed rally after posting an earnings beat and better-than-expected outlook. In the credit card space, Seaport Research downgrades Mastercard (MA) but upgrades Visa (V).
Shares of Advanced Micro Devices (AMD 1.10%) fell 18.1% in 2024, according to data from S&P Global Market Intelligence.
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When it comes to semiconductor stocks, it seems like all anyone can talk about is Nvidia. With the launch of the company's new Blackwell graphic processing unit (GPU) architecture underway, I'm not particularly surprised that Wall Street remains largely bullish on Nvidia.
The bulls have been in firm control on Wall Street since the bear market bottomed out in October 2022. Last year, the ageless Dow Jones Industrial Average, benchmark S&P 500, and growth-driven Nasdaq Composite all galloped to numerous record-closing highs.
Advanced Micro Devices, Inc. got hit with several major analyst downgrades, leading to the stock trading at new recent lows, providing a great opportunity. The chip company will report Q424 results in a few weeks with 2025 AI GPU guidance crucial with targets between $8 to $10 billion likely leading to a relief rally. The stock trades at just 23x '25 EPS targets of $5+, but the current consensus estimates appear base case targets with potential upside.
The latest trading day saw Advanced Micro Devices (AMD) settling at $117.32, representing a +1.1% change from its previous close.
Zacks.com users have recently been watching Advanced Micro (AMD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
When it comes to semiconductor stocks, odds are that companies such as Nvidia (NVDA -3.00%) and Advanced Micro Devices (AMD -4.76%) are the first that come to mind. Both companies specialize in designing advanced chips called graphics processing units (GPUs), which are essential components for training generative AI models and machine learning.