Jim Cramer made the following calls on July 2nd, 2013. What do you think about his picks?
Advanced Micro Devices, Inc. (NYSE:AMD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 21, 2013. The stock’s 52-week high is $5.98, and its 52-week low is $1.81.
AMD got some love from Cramer last night, mainly due to its cheap share price, currently at $4.09. According to him, “This stock is inexpensive and I think you can buy it.” In what is good news for AMD, chip sales have sold grown at their fastest rate in years, despite weakness in the PC market at large.