Billionaire Chris Rokos’ Top 15 Stock Picks

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

Number of Hedge Fund Holders: 107

Rokos Capital Management’s Stake: $156.4 million 

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. The following aspects make the company an attractive prospect for investors. To begin with, the company demonstrated great financial growth as depicted in the report of the third quarter of 2024. For instance, total revenue of $6.8 billion, gross margin of 50%, operating income of $724 million, and net income of $771 million and diluted earnings per share of $0.47, underscore the company’s strong market, profitability, and shareholder value. Secondly, the company has announced new processors ahead of the Consumer Electronic Show (CES), furthering its leadership in the AI PC market and offering mobile users the most innovative PC processors.

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