Software Stocks: In News Advanced Micro Devices (NYSE AMD) & Rally Software (NYSE RALY)

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From all the Software stocks, we take a look at two of the most promising ones: Advanced Micro Devices (NYSE AMD) & Rally Software (NYSE RALY). Both AMD and Rally have taken up some very positive initiatives and both the stocks are looking healthy as we head into the second part of 2014.

Advanced Micro Devices, Inc is an American multinational semiconductor company that develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.

Rally Software Development Corp (NYSE RALY), a leading global provider of enterprise-class software and services to drive business agility, unveiled three new solutions to support customers in their journey toward business agility. The Rally Agile application lifecycle management (ALM) platform transforms the way organizations manage the software development lifecycle by closely aligning software development and strategic business objectives, facilitating collaboration, increasing transparency and automating manual processes.

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Rally Software is a leading global provider of cloud-based solutions for managing Agile software development. Companies use Rally to accelerate the pace of innovation, improve productivity and more effectively adapt to rapidly changing customer needs and competitive dynamics. Rally stock has seen some positive price levels in the past month. Stock showed weekly performance of 15.27%. With the news of three new solutions, the stock is poised to rise again.

Deep Tech Advanced Micro Devices, Inc. (NYSE AMD) has announced an ambitious 2020 goal of a 25-times improvement of the power efficiency of its APUs, the company’s term for accelerated processing units – on-die mashups of CPU, GPU, video-accelerator, or any other types of cores. Advanced Micro Devices, Inc (NYSE AMD) stock has seen a fifty two weeks range is $3.04 – $4.65. The overall volume in the last trading session was 54,652,728 shares. In its share capital, company has 762.05 million outstanding shares.

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Both AMD and Rally Software look set for a good showing in the coming months. AMD and Rally both lead their respective fields. With new innovations on the horizon, we can look forward to a bullish run by either of them.

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