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Pro Analysis

Top calls: Buy chipmaker AMD, WWE and Shake Shack

Traders work on the floor of the New York Stock Exchange in New York City.
Lucas Jackson | Reuters
Traders work on the floor of the New York Stock Exchange in New York City.

Here is the best Wall Street research that's moving stocks Thursday.

1. AMD to rise 36 percent on VR gaming: Analyst

Shares of Advanced Micro Devices will rally 36 percent in the next year due to better chips and new virtual reality gaming upgrades, according to Canaccord Genuity.

2. WWE to rally as online network pays off: Analyst

Shares of World Wrestling Entertainment will rise 24 percent in the next year as the large investment in its online WWE Network starts to pay off while the service reaches critical mass, according to Pacific Crest.

3. Top-ranked analyst: Buy Shake Shack for its brand

One of the best analysts on Wall Street told investors to buy Shake Shack because of its strong brand and large location growth potential.

4. Sell American Airlines on rising oil: Merrill

Investors should avoid American Airlines because of increased earnings risk from climbing oil prices, according to Bank of America Merrill Lynch, which downgraded shares of the carrier to underperform from neutral.