Who in their right minds thought they should compete against Intel (INTC)? Advanced Micro Devices(AMD) did. While their stock dropped almost 65% in the past year, ever since end of November 2012, the stock finally started looking up, climbing slowly and steadily.
While your first thought might be “they’re on the rise, not the best time to buy” I believe that’s not the right train of thought. AMD currently at $2.59 and been climbing relatively well (Chart below) in the past couple of months. Even so, they’re still ways away from their 52-week high (8.35).