Why These 5 Stocks Trended This Week

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

Number of Hedge Fund Holders: 87

Advanced Micro Devices, Inc. (NASDAQ:AMD) fell 6.8% this week, the same as QUALCOMM Incorporated (NASDAQ:QCOM)’s performance but also significantly weaker than the NASDAQ’s 3% decline. Given that Advanced Micro Devices, Inc. (NASDAQ:AMD) has rallied so much in the last 10 years, there could be profit taking involved. Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are down 56% year to date.

You can also take a look at 10 Quality Stocks With Dividend Yields Over 2% and 10 Dividend Stocks to Buy According to Billionaire Cliff Asness.

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