Cisco Systems dropped out of the Favored zone on August 15, 2019 at $46.25, and has not been back there since. Over four plus years stuck in the wilderness, CSCO has gained a paltry 3.3% to yesterday’s close of $47.80. During the same time frame, the S&P 100 Index has climbed 68.3%.
Chipmaker Advanced Micro Devices (AMD) has returned to the Green Favored Zone of the SIA S&P 00 Report for the first time since July. A summer slide ended with the shares in the red zone but over the last six weeks, they have steadily clawed their way back. AMD finished in 24th position yesterday, up 4 spots on the day and up 27 places in the last month.
Paul Kornfeld, President of SIACharts, is featured in the 2023 Top 100 People in Finance Magazine
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