Elazar was launched in 2004 by Chaim Siegel and has served famous hedge fund clientele who demand a keen understanding of drivers of individual companies and financial markets. Chaim twice worked for renowned trader Steve Cohen of then-SAC Capital (now Point72). He was also a partner at JLF Asset Management which was funded by George Soros. Previously he was one of seven analysts on a $13B mutual fund at Morgan Stanley Asset Management. Elazar Advisors publishes its research into the Reuters/Refinitiv Institutional Platform and Factset where Elazar's earnings estimates are factored into the Street earnings numbers.  Elazar's research is used regularly by fundamental and algorithmic traders and investors at some of the largest mutual fund and hedge fund managers in the world. Chaim has been a 5-Star top ranked analyst in Tesla and other big cap tech companies. Try us with a  free trial here . All investments have many risks and can lose principal in the short and l

AMD: Shorts Are Trapped After Strong Quarter

We expected on Monday that AMD (NASDAQ:AMD) crypto bears would be "caught short." Earnings beat and the guide was strong. Add to that their crytpo story wasn't that weak after all especially given the crypto price drops.

One comment from Dr. Lisa Su that hinted they actually see more crypto opportunity than in the past was her saying crypto is "here to stay." That's a strong comment especially when compared to Dr. Su historically downplaying crytpo.

AMD said crytpo/blockchain related sales were about 10% which was actually higher than what they gave last quarter. No crypto weakness here yet. Sorry shorts. That's good for NVIDIA (NASDAQ:NVDA) too who's been beat up by crypto-bears.

As for revenues they jumped 40% from the previous quarter's growth of 22%. They guided for further acceleration to about 50% growth next quarter.

If there was a short story on crytpo or otherwise, those shorts need to cover. Sorry bears.

Ryzen drives the first half. EPYC drives the second half and crypto sounds much better than feared. They did say they expect crytpo to be down in Q2.  Did I mention this, shorts have all the news, they need to cover.

Shorts hit new highs recently so we're getting our popcorn to watch them all have to now cover.

We maintain a Buy rating and have big stock price upside based on 2018 earnings but soon we'll be using 2019 numbers which can give us even higher prices.

Sorry bears but you can still join our free email alerts:


All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC, and their related parties harmless. Model portfolio trades and positions are hypothetical to be used for directional analysis and ratings purposes. Elazar and its employees do not take individual stock positions to avoid front running and other potential customer related issues.

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