Buy alert: AMD stock set for imminent 10% rally

Though multiple semiconductor stocks have been the superstars of 2024, and despite Advanced Micro Devices (NASDAQ: AMD) offering a strong performance in the initial months of the year, it has fallen deep into the red in more recent trading.The dire circumstances have, however, not deterred investors and analysts, and throughout its fall, AMD stock may have been setting up for a significant bull run. Specifically, a prominent investor and technical analyst on X, Jake Wujastyk, believes the semiconductor gian ...