Tech Stocks That Will Outperform Amd

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Tech Stocks That Will Outperform Amd

Tech Stocks That Will Outperform Amd

Advanced Micro Devices (AMD) didn't have such a great 2024 and ended up giving 21% of its value back to the markets. During the same period, the overall Semiconductor sector actually jumped by 24%.

If we look back, AMD has been struggling for the last 5 years. To make things more clear, AMD gained 141% while the Semiconductor sector gained 170% during the last 5 years.

So, if you have been looking for an alternative stock of AMD, we have 2 options: Palantir Technologies and Arm Holdings.

Palantir Technologies

The first stock on our list is Palantir Technologies (PLTR), which has gained almost 301% in 2024. This also lead to a massive increase in the PLTR's market cap.

For the year 2024, experts believe that Palantir's revenue will be around $2.8 billion. When compared with the last year, that's a jump of almost 26%.

Arm Holdings

The 2nd stock that is a good alternative for AMD is Arm Holdings (ARM). This stock has delivered 100% gains in the year 2024 alone! Also, the difference between Arm Holdings & AMD's market cap has shrunk significantly in the last few years.

The Arm Holdings company is involved in chip architecture and has notable clients like Samsung, Nvidia, Apple, and so on. The firm also has a very strong business model, which makes it an ideal candidate for future growth.

So, it is a no-brainer to think that Arm Holdings will sustain its positive momentum in the stock market for many years to come.

Also, the semiconductor market will cross the $1 trillion mark by the year 2030. So out of that, it won't be hard for the Arm holdings to deliver excellent returns in the year 2025.

So, if you are not satisfied with the AMD and need some good alternatives, you can check out Arm Holdings and Palantir Technologies. Both of these stocks had a great 2024 and are ready to crush 2025 as well!

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