By Larry Gellar Five of our favorite stocks have just received analyst upgrades. McDonald’s (MCD), Harley-Davidson (HOG), and DuPont (DD) are strong companies despite European exposure. Meanwhile, Coach (COH) has very limited European exposure, and Advanced Micro Devices (AMD) is a bit of an underdog right now. Let’s see what’s been happening with these five stocks: Advanced Micro Devices Analyst action: Goldman Sachs raised its price target and earnings estimates for AMD, but the firm still has a Sell rating on the stock. Recent headlines: AMD reported a fourth-quarter loss on Tuesday, partly due to a write-down of its investment in GlobalFoundries and restructuring costs. Outside of the one-time charges, though, AMD beat analyst expectations for profit but came up a bit short on revenue. What we think: AMD has significantly lower price-to-earnings and price-to-sales ratios than Intel (INTC), IBM (IBM), and Nvidia (NVDA), and that may be reason enough for value investors to jump on this stock. However, in our opinion, AMD also has a strong product mix. The Brazos platform for notebooks and Bulldozer platform for servers are both doing very well, and we see that type of success continuing. AMD may not be the biggest computer hardware…
5 Stocks That Analysts Are Upgrading
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