5 Best Bitcoin Stocks to Buy Now

4. Advanced Micro Devices, Inc (NASDAQ:AMD)

Number of Hedge Fund Holders: 83

 Advanced Micro Devices, Inc (NASDAQ:AMD) is among the leading designers of Graphics Processing Units (GPUs) used in crypto mining. The company provides the fundamental piece of hardware in the form of different Graphics Processing Units to create and manage crypto assets.

On July 14, BMO Capital analyst Ambrish Srivastava upgraded Advanced Micro Devices, Inc (NASDAQ:AMD) to Outperform from Market Perform and raised his firm’s price target on Micro Devices, Inc (NASDAQ:AMD) to $115 from $100.

The hedge fund sentiment for Advanced Micro Devices, Inc (NASDAQ:AMD) remained bullish at the end of the first quarter of 2022 as 83 hedge funds held stocks worth $6.94 billion in the company compared to the 69 amounting to $6.74 billion in the fourth quarter of 2021.

Follow Advanced Micro Devices Inc (NASDAQ:AMD)