My selection is AMD. AMD is a semiconductor maker that competes with companies like Intel, but is only about $8.70/share. They are sent to launch a set of microprocessors for their server market based on a new design that allows for more processing power to be packed on a single Chip. Right now, their market share for processing chips is very little, so even a modest gain of say 10% of market share could drive the bottom line much higher.
I read an article on Morningstar.com and the general consensus of the microprocessors from AMD is that they have a better design than their competitors like Intel, which could lead to AMD taking more market share than expected.
I think the play on this selection is more short term, 24 months or less and give it the chance to hit $16, maybe sell along the way if the market calls for it.
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