Micron Technology, Inc. (MU), Genworth Financial Inc (GNW), JDS Uniphase Corp (JDSU): Make Money in Booming Markets With Volatile Stocks

Other companies didn’t do as well last year, but could see their fortunes change in the coming years. JDS Uniphase Corp (NASDAQ:JDSU) sank 3%, despite blowing past earnings estimates in its second quarter. The telecom equipment maker has been hurt by the world’s sluggish economy, but with smartphones and tablets proliferating rapidly and telecom companies inevitably needing to spend more on their infrastructure, its future seems promising.

Advanced Micro Devices, Inc. (NYSE:AMD) plunged 69%, and is now firmly in penny-stock territory. It hasn’t been kind to many investors, averaging an annual loss of about 7% over the past 20 years. The company is challenged by a struggling PC market and has suffered some heavy free-cash-flow losses in recent years. Still, bulls are hopeful about its recent cost-cutting and also about the buyout of Dell Inc. (NASDAQ:DELL) perhaps inspiring a buyout of AMD. Analysts at Macquarie Capital have upgraded AMD to outperform on high expectations for its video game chip business, and AMD has been investing in photo-editing software, too.

The big picture
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The article Make Money in Booming Markets With Volatile Stocks originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian owns shares of Apple and Intel. The Motley Fool recommends and owns shares of Apple and Intel.

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