Applied Materials, Inc. (AMAT): A Bull Case Theory

We came across a bullish thesis on Applied Materials, Inc. (AMAT) on Long-Term Pick Substack by Dan. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc. (AMAT)'s share was trading at $183.16 as of Dec 3^rd. AMAT’s trailing and forward P/E were 21.27 and 18.87 respectively according to Yahoo Finance.

[caption id="attachment_1224224" align="aligncenter" width="768"] An aerial view of a modern fabrication center with equipment for producing semiconductor components.[/caption]

Applied Materials (AMAT) is a global leader in semiconductor equipment...