Time to buy AMD stock as it enters oversold territory?

Advanced Micro Devices can’t seem to catch a break. AMD stock (NASDAQ: AMD) has been trending downward for an entire year.AMD shares have been trading around $100 — give or take a few dollars, since late February. At press time on March 10, Advanced Micro Devices stock was changing hands at a price of$99.29, with year-to-date (YTD) losses standing at 17.80%.AMD stock price year-to-date (YTD) chart. Source: Google FinanceThe chipmaker’s latest line of products performed admirably against Nvidia’s, at least ...