5 Best Stocks to Buy for the Second Half of 2026

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

Number of Hedge Fund Holders: 134

Year-to-date return: 142.04%

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Stocks To Buy.

On July 1, Schwab Network’s Fast Market featured Kevin Hincks and Tom White discussing Advanced Micro Devices, Inc. (NASDAQ:AMD) after Wells Fargo raised its price target to $615 from $505. The firm noted sustained demand for EPYC server processors, pricing power, and a stronger outlook for the company’s AI data center business. Wells Fargo also lifted its long-term earnings estimates.

Kevin Hincks called Advanced Micro Devices, Inc. (NASDAQ:AMD)’s resurgence a compelling story and credited CEO Lisa Su with the company’s growing CPU strength. He also appreciated the use by customers seeking to diversify AI infrastructure beyond Nvidia.

Tom White agreed the corporation has gained CPU market share from Intel but argued Nvidia still dominates GPUs and is expanding into CPUs. He warned that AMD’s valuation has become increasingly demanding despite its strong momentum. The analysts also outlined contrasting option strategies. Hincks favored a bearish put calendar, and White recommended a neutral to bullish unbalanced put butterfly.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company working in high-performance computing and graphics solutions. Its portfolio includes microprocessors, graphics processors, and system-on-chip solutions designed for data centers, gaming, and embedded systems.