Here's why stocks have come out of the gate with gusto to kick off the fourth quarter.
Advanced Micro Devices (NASDAQ: AMD) investors have endured a difficult year thus far as shares of the chipmaker declined 54% Source: YCharts amid the broader stock market sell-off. The stock's forward earnings multiple of just 12.9 shows that its earnings are set to grow at a terrific pace over the next year. What's more, AMD's forward earnings multiple makes it cheaper than the Nasdaq-100's forward multiple of 20.8.
Dell Technologies (DELL) is riding on an expanding partner base despite facing a challenging demand environment.