NASDAQ:AMAT
Applied Materials (AMAT)
472.80
-1.58 (0.33%)
as of Sep 24, 2026, 8:14:47 pm Market Open.
156 watching
Financials 
Technical Analysis 0
SELL
Earnings beat, but sold it last week. She sold because she thinks earnings are probably peaking. She bought this at $16 in 2013 and has trimmed along the way and rode it to peaks. At $100 and 14x PE, it was probably at a peak, so she pulled the trigger. 14x is the historic PE. It's fully-valued. can't see multiple expansion. But she will likely re-buy this 20% down.
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Premium contentPAST TOP PICK
(A Top Pick Jul 28/22, Down 21.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AMAT has triggered its stop at $82. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 18% when combined with the previous buy recommendations.
machinery
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate AMAT, a bell-weather semiconductor maker, as a TOP PICK. Now trading at 14x earnings, compared to peers at 20x, it remains good value here, supporting a 57% ROE. Analysts expect earnings growth over 8% this year and 13% next. We recommend trailing up the stop loss (from $80) to $82, looking to achieve $146 - upside potential over 40%. Yield 1% (Analysts’ price target is $146.04)
machinery
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly Always the bell-weather indicator of the semiconductor makers, we now select AMAT as a TOP PICK. No surprise that earnings just fell short of expectation, given the supply chain issues and recent lockdowns in Asia. Management has revised down their forward guidance and the market has given the stock an appropriate hair cut. Now trading at 13x earnings, compared to peers at 20x, it is good value here. We would trade this with a stop loss at $80, looking to achieve $155 - upside potential over 59%. Yield 1.2% (Analysts’ price target is $154.81)
machinery
Premium contentPAST TOP PICK
(A Top Pick Nov 02/21, Down 1%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with AMAT has triggered its stop at $140. To remain disciplined, we recommend covering the position at this time. This results in a net investment gain of 33%, when combined with our previous recommendation to cover half.
machinery
Premium contentPAST TOP PICK
Premium contentPAST TOP PICK
(A Top Pick Nov 02/21, Up 64.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AMAT is progressing well. We now recommend trailing up the stop (from $120) to $140. If triggered, this would all but guarantee a net investment gain of 11%, when combined with our previous recommendation to cover half.
machinery
BUY
Semi ecosystem has 4 parts. NVDA is poster child for designers. TSM poster child for foundries. Capital intensive. Third part is manufacturing. Micron is a designer and manufacturer. Fourth part is the equipment suppliers like KLA, LRCX, ASML. TSM price target of $144.50. NVDA is expensive, price target coming up soon of $329.25. AMAT would be his favourite. See his Top Picks.
machinery
COMMENT
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