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

We came across a bullish thesis on Applied Materials, Inc. (NASDAQ:AMAT) on Substack by Stock Picker's Corner. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc. (NASDAQ:AMAT)'s share was trading at $170.06 as of Jan 3^rd. AMAT’s trailing and forward P/E were 19.75 and 17.70 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 Inc. (NASDAQ:AMAT), a leader in...