AMAT Stock Recent News
AMAT LATEST HEADLINES
Shares are moving tentatively higher as the sector struggles to turn around a bad week.
Buy rating recommended for Applied Materials as the worst of the semiconductor downcycle is over and growth is expected to accelerate. Strong growth catalysts like high-bandwidth memory and gate-all-around technology will support AMAT's growth. AMAT's recurring revenue stream from service agreements enhances its resilience, although there is a risk of dependence on Chinese customers.
Earnings season has arrived, with a plethora of companies schedule to unveil quarterly results in the coming days. And concerning positive surprises, all three of these companies could deliver just that.
Applied Materials (AMAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
NPSNY, UBER and AMAT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 16, 2024.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
TCMD, QUAD, YPF, AMAT and PTLO have been added to the Zacks Rank #1 (Strong Buy) List on April 16, 2024.
The March CPI report left investors with a sour taste. The index soared for the third consecutive month, with a 3.50% year-over-year (YOY) increase that surpassed analyst expectations and represented a 30 basis point increase from last month.
Does Applied Materials (AMAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.