Rosenblatt surveyed its analysts, including Steve Frankel, to compile their top stock picks for the first half of 2025. These selections reflect significant themes in their research, such as the Age of Artificial Intelligence and the advancement of next-generation broadband technologies.
Steve Frankel reiterated a Buy recommendation for Advanced Micro Devices, Inc (NASDAQ:AMD) with a target price of $250. AMD stands out as one of Rosenblatt’s preferred choices for the first half of 2025 due to its strong performance in CPU and GPU market share expansion, particularly in the non-AI sector. Analysts recognize the company’s potential for substantial growth in GPU compute and AI inference capabilities, positioning it favorably for opportunities in Xilinx incumbency and chiplet technology.
Regarding Micron Technology, Inc (NASDAQ:MU), Frankel also maintained a Buy rating with a target price of $250. Micron is highlighted as a key pick for the first half of 2025, driven by the promising outlook for DRAM content deployment in AI platforms. Frankel emphasized Micron’s advantageous position in the HBM (High Bandwidth Memory) market, noting its favorable trade ratios compared to DDR5 and the expected transition to HBM4.
In conclusion, both AMD and Micron are well-positioned according to Rosenblatt’s analysts, with the potential for significant growth and market gains in the coming years.
