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AMD Advanced Micro Devices reported strong third-quarter results, achieving record revenue of $9.2 billion and showing accelerated growth in its Data Center segment. The company's strategic partnership with OpenAI and its ambitious GPU development roadmap position AMD as a prospective leader in AI computing. While there are some ongoing profitability pressures and the stock is trading at an elevated forward P/E of 54.24, the recent market correction presents a potentially favorable entry point. My positive outlook on AMD is underpinned by robust long-term growth objectives and management's continued confidence in expansion driven by artificial intelligence initiatives.
Short-term price analysis
Ideas: Consider trading with options with call spreads above 234 or selling bull put spreads 201/190.
ANET Since late 2023, Arista has surpassed Cisco in data center switching revenue and growth rate. With a $105B TAM target by 2029 and estimated annual revenue of $8.86B, Arista has captured less than 10% of its market opportunity. The company's future depends on the ongoing AI boom and maintaining its lead in networking. Recently, competition with Cisco has intensified; Cisco is showing signs of growth while Arista faces deceleration despite high valuations. Both companies have unique strengths; Arista in software, Cisco in security and increased competition may pressure margins, with a possible price war ahead. Given these dynamics and uncertainty over future trends, networking names remain a challenge, but I would trade these with some options.
Short-term price analysis
Ideas: Consider trading with options with call spreads above 135 or selling bull put spreads 123/115.
CRM Salesforce saw strong AI-driven growth this quarter, with Agentforce, Data 360, and Informatica integration boosting bookings and enterprise adoption. Flexible pricing and increased sales capacity support its plan to reach up to $41.55 billion in FY26 revenue, enabled by widespread adoption and effective capital allocation.
Short-term price analysis
Ideas: Consider trading with options with call spreads above 268 or selling bull put spreads 247/235.
META Meta Platforms has postponed the launch of its mixed reality glasses "Phoenix" from late 2026 to early 2027, according to an internal memo cited by Business Insider. Executives say the delay allows more time to refine product details. This follows reports that Meta may cut up to 30% of its Metaverse division budget after $73B in cumulative losses.
Short-term price analysis