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

We came across a bullish thesis on Applied Materials, Inc. (AMAT) on Substack by Long-Term Pick. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc. (AMAT)'s share was trading at $158.07 as of Feb 28^th. AMAT’s trailing and forward P/E were 20.66 and 17.01 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) continues to dominate the wafer fabrication...