$AMD - Top Penny Stocks 2013 - Advanced Micro Devices (AMD)

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$AMD - Top Penny Stocks 2013 - Advanced Micro Devices (AMD) - Advanced Micro Devices (AMD) is the Top Penny Stock to Buy in 2013. Advanced Micro Devices (AMD) is trading around $1.95 in 2012 and is a strong buy below $1.50. AMD has been showing signs of a bottom and could be getting ready to rise higher. The company has a hoard of cash that it is burning through but that at least limits the downside. If Advanced Micro Devices (AMD) can increase earnings, we would be looking at a cheap penny stock in 2013 based on $1.95 per share. How to trade Advanced Micro Devices (AMD) - AMD tends to go on huge rallies with heavy volume. Keep an eye on the stock price and prior highs. When you see AMD stock break above a recent high, you know someone if buying the stock in a big way. Top Penny Stocks break out and don't usually pull back. I've seen AMD go on some red hot rallies so you have to realize that once the stock starts moving up, it probably won't let buy in at lower prices. Advanced Micro Devices (AMD) Price Target 2013 should be around $4 IMO
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