AMAT Stock Recent News
AMAT LATEST HEADLINES
Applied Materials recently announced a 25% increase in its dividend. Even with that increase, its yield remains below 1%.
Watch for robust earnings growth at big techs such as Meta Platforms Inc. NASDAQ: META, Nvidia Corp. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL to increase the rate of share buybacks this year, says a recent report from Goldman Sachs.
Simply chasing dividend yield will sorely disappoint investors. Very often stocks with the highest yields have something wrong with them.
Applied Materials (AMAT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Bernstein analysts raised their price target on Applied Materials stock from $230 to $240. Applied Materials is well-positioned to benefit from the increasing complexity of advanced logic chips.
The Nasdaq 100 is a stock market index that includes 100 of the largest, most actively traded, non-financial companies listed on the Nasdaq Composite exchange. Think of the Nasdaq 100 as representing the biggest stocks in the larger composite index that is comprised of more than 2,500 securities.
Applied Materials Inc. (AMAT) on Monday boosted its quarterly dividend by 25%, to 40 cents from 32 cents a share, but stock in the semiconductor equipment maker—which reached an all-time high price Thursday—slipped about 2% in afternoon trading Monday.
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.
Applied Materials Inc (NASDAQ: AMAT) is slightly down in premarket on Monday even though it just raised its quarterly dividend to 40 cents per share. Applies Materials lifts dividend up by 25% The new cash dividend represents a 25% increase on a year-over-year basis.
Applied Materials has been added to the Robo24MP Model Portfolio due to a strong SID Buy Signal. SeekingAlpha analysts have mixed ratings for AMAT, but the SA Quant rating gives it good grades for Profitability, Revisions, and Momentum. The chart shows AMAT experiencing a breakout and a pullback to test support, indicating a potential buying opportunity.