Top 5 Stock Picks of Daniel Patrick Gibson’s Sylebra Capital Management

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

Sylebra Capital Management’s Stake Value: $503.4 million
Percentage of Sylebra Capital Management’s 13F Portfolio: 11.33%
No. of Hedge Fund Holders: 65

Advanced Micro Devices, Inc. (NASDAQ:AMD) is the next stock on our list of top 10 stock picks of Daniel Patrick Gibson’s Sylebra Capital Management. The company is engaged in developing high-performance computing and visualization products. It is responsible for innovation in high-performance computing, graphics, and visualization technologies.

According to the 13F filings for the third quarter of 2021, the fund managed by Daniel Patrick Gibson holds 4.89 million shares in the company.

Deutsche Bank analyst Ross Seymore kept a “hold” rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) and has raised his price target on the stock to $120 from $113. At the end of the third quarter of 2021, 65 funds out of the 867 tracked by Insider Monkey held stakes worth $5.25 billion.